The Chevy Volt is apparently going the way of the Dodo. GM has temporarily suspended production of the electric car. No surprises there - electric cars are about as efficient as windmills and the rest of the renewable-energy scam. But if you've not been paying attention to the electric car debacle, you may be surprised to learn that, in the wake of the Volt's utter failure, Ford and Toyota are preparing to reveal their own electric cars.
What explains this madness? Liberal radicalism? Environmental extremism? Democratic sycophancy?
Try sensible profit motive. If that seems ludicrous, consider:
Each Chevy Volt sold thus far may have as much as $250,000 in state and federal dollars in incentives behind it - a total of $3 billion altogether, according to an analysis by James Hohman, assistant director of fiscal policy at the Mackinac Center for Public Policy.
Now, why would two auto manufacturers jump into a market with almost no demand and a high failure rate? Could it be because they're looking for the same kind of subsidies that gives them somewhere around $250,000 per vehicle before the car is ever sold?
The Obama administration has no regard whatsoever for taxpayer hardships or economic sustainability. He is motivated by the purely ideological goals of environmentalism and social democracy - goals which stand in direct opposition to economic recovery and individual rights. Obama is wantonly wasting money on liberal pet-projects in the midst of a debt crisis. He has neither understanding nor concern for the plight of struggling American (would-be) workers and has obviously prioritized his radical green agenda above American prosperity. One hopes that voters will not reward him for this inverted ethic.