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Detailed text transcripts for TV channel - FOXNEWS - 20140411:10:18:00

Company here to discuss. sometimes innovation costs money. they have not turned a profit. you have to stick to it. wait a minute. the government thinks it can pick winners and make money. well here s another example that it cannot. smith electric has lost $30 million of your money, taxpayer o get out s gone. there and create electric vehicles for municipal governments. they created a few and the jobs they were supposed to create cost $414,000 of your money per job created which has now been lost. is this what they meant by the tight cash flow situation that they quoted. double speak for we re losing money and closing down. we have graphics to show folks how your hard earned money was wasted. and they re right there. yeah. $414,000 per job. great work if you can find it. now move on to inner wand. we lost $118 million on that ....

Money It Wasn T , United States Government , Innovation Costs Money , Taxpayer O , Smith Electric , 30 Million , 00 Million , Cash Flow Situation , Per Job , 1118 Million , 18 Million ,