In late May, when President Obama was in California for his fourth fundraiser for Sen. Barbara Boxer, D-Calif., he also made a point of dropping by Silicon Valley to praise his own stimulus package.

“It is here that companies like Solyndra are leading the way toward a brighter, more prosperous future,” Obama said of a solar energy company that had recently received taxpayer backing. Obama spoke of the company in glowing terms and used it as an example of how the stimulus package is creating jobs all over America.