• Activist Post
So according to [an AP press release], only 390 jobs were created from the $548 million taxpayer investment, or about $1.4 million per job. At this rate, the full $2.4 billion allocated for the federal advanced battery program would create a whopping 1714 jobs.
This is a far cry from the estimates cited in the article by Michigan Gov. Jennifer Granholm, D-Mich, who said, "the federal battery program, along with state incentives, are projected to create 63,000 jobs in Michigan."