"And we can see the positive impacts right here at Solyndra. Less than a year ago, we were standing on what was an empty lot.But through the Recovery Act, this company received a loan to expand its operations. This new factory is the result of those loans"
- Barack Obama
About this Quote
This quote by Barack Obama is describing the positive impacts of the Recovery Act on Solyndra. The Recovery Act offered a loan to Solyndra which enabled them to expand their operations and construct a brand-new factory. This quote highlights the success of the Recovery Act in developing jobs and promoting the economy. It also shows the power of federal government financial investment in the private sector to develop economic development. The quote likewise acts as a pointer of the importance of federal government investment in the private sector to develop jobs and promote the economy. The success of Solyndra is a testimony to the efficiency of the Recovery Act and its capability to develop economic development.
This quote is written / told by Barack Obama somewhere between August 4, 1961 and today. He was a famous President from USA.
The author also have 123 other quotes.
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