Stimulus Saved Kokomo Indiana

4:09 pm EST October 18th, 2010 | Economy | 7 Comments

Yay.

But here in Kokomo, the Recovery Act and Obama’s auto bailout have jolted Kokomo back to life — keeping big industry from fleeing and attracting newcomers as well.

‘We wouldn’t be standing here,’ said Brian Harlow, a 32-year Chrysler veteran who grew up in Kokomo and now is based at the company’s headquarters outside Detroit. ‘It would have been a ghost town.’

Chrysler, which had idled 3,500 hourly workers in Kokomo a year and a half ago, recently announced $350 million in new investments that will make the city the hub of North American manufacturing for its next-generation transmissions. All those people have been put back to work, and 700 others have been hired.

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7 Responses to “Stimulus Saved Kokomo Indiana”

  1. Mark Rosenthal says:
    October 18, 2010 at 5:00 pm

    Oh, those evil, evil socialist. Look what they have done to Kokomo, IN.

  2. Suicidal says:
    October 18, 2010 at 8:42 pm

    “Now, thanks largely to the federal government, the town’s unemployment rate has gone from over 20% to under 14%.”

    Let me get this straight.

    Kokomo population is 46,113
    6% is roughly about 2800 jobs.
    Chrysler bailout was 80,000,000,000.
    Which is about 280,000 a job.

    I am thinking somewhere there is just a little bit of overhead.

  3. Jaim says:
    October 18, 2010 at 9:41 pm

    Chrysler has more than one plant operating in more than one town, dipshit.

  4. Suicidal says:
    October 18, 2010 at 10:30 pm

    You don’t say, maybe Oliver should have put those plants in the blog post too. I might have had to resort to an excel sheet to tally the jobs saved.

  5. jr says:
    October 18, 2010 at 11:11 pm

    “THE STIMULUS HASN’T SAVED OR CREATED A SINGLE JOB”-Matt Drudge

  6. Jaim says:
    October 18, 2010 at 11:28 pm

    Even the WSJ has admitted the stimulus saved jobs and if anything, should have been bigger.

    Although I realize you are keeding, jr.

  7. SaveFarris says:
    October 19, 2010 at 8:35 am

    Democrats 2010: Where 14% unemployment is something to brag about.