Obama to unveil $2.4 billion for electric cars

[IDemo]

President will announce stimulus grants during Elkhart County visit

updated 1 hour, 2 minutes ago
WAKARUSA, Ind.—

Venturing back to a region reeling in deep unemployment, President Barack Obama's latest mission to hard-hit Elkhart County aims to show that his stimulus plan is producing tangible help — $2.4 billion in taxpayer grants to create electric cars and tens of thousands of jobs.

At a recreational-vehicle plant in northern Indiana, Obama on Wednesday will announce the grants and try to stabilize American confidence. His stop in Wakarusa, Ind., is part of a concerted economic campaign that also will see Vice President Joe Biden and four Cabinet secretaries holding events in five states.

As Congress breaks for the summer, the public message war is on. Obama wants to persuade Americans that his economic agenda is working but also that it will take time to produce the number that people really want: more jobs.

That matters immensely in Elkhart County, a capital of RV manufacturing. The industry has been crushed by the recession.

Indiana's Elkhart-Goshen area had an unemployment rate of 16.8 percent in June. That's up 10 percentage points from last year. It's also higher than it was when Obama visited in February, although the jobless rate has at least come down from 17.5 percent in May.

http://www.msnbc.msn.com/id/32283931/ns/us_news-the_elkhart_project/

[madokie]

1. Now we're talking

This is what I've been waiting to read. Both of our vehicles qualify for cash for clunkers and they are both fords which mean they will last many more years so we are rather than buying a new vehicle now waiting for the EV's to hit the market. We want an EV and we will wait until we can purchase one to upgrade.

[excess_3]

2. welcome news .n/t