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Should Obama be promising $500 million to Robotics manufacturing companies?

  1. BizGenGirl profile image89
    BizGenGirlposted 6 years ago

    Should Obama be promising $500 million to Robotics manufacturing companies?

    With our country currently $15 trillion in debt, more wars looming and dozens of issues here at home, should Obama really be promising $500 million to robotics manufacturing companies? He says it is to "create jobs", though who knows how long that will take, or if it will bring in enough revenue to make a difference in our life time. That aside, is he not taking away more freedoms and stepping on capitalism by favoring companies and industries? Not to mention, he already promised our funds to Isreal, Greece and NATO

  2. Credence2 profile image79
    Credence2posted 6 years ago

    Good question, we need cuts of wasteful spending AND judicious investment in the American economy. Results of such judicious investment may not be immediate, but it will certainly not happen if we do not begin. If I am providing millions in subsidies to dying industries that do not represent creation of good jobs over the coming years, why not invest in those that can

    http://hubpages.com/hub/Why-Obama-is-Ri … ional-Debt

  3. profile image0
    AMBASSADOR BUTLERposted 6 years ago

    Yes. This is how the economy will recover over the long term for the future jobs to stay here in the United States and not being sourced out or move out of the United States to other countries around the world. We once was number 1 in manufacturing in the world but lost it starting in the decade of 1970's and President Obama is trying to turn the direction around for this country to be innovative to create quality jobs here in America to stay in America.

  4. nightwork4 profile image59
    nightwork4posted 6 years ago

    yes he should. the U.S. needs to invest money in things that will create jobs. $5oo million is nothing . look what was given to your banks with no real gain.

  5. justamber profile image59
    justamberposted 6 years ago

    He really shouldn't be doing anything.