Why don’t conservatives like electric cars?
Seriously, do they want us wedded to fossil fuels forever? How is that a good thing? They will run out one day you know whether you like it or not. Even the oil companies you so love are looking towards the future and developing new energy sources. I thought they’d be all about the free-market and support businesses like car manufacturers leaping into a new frontier? How does lying about the cost of a Chevy Volt, made by an American car maker help the United States?
This is exactly what James Hohman, the assistant director of fiscal policy at the Mackinac Center for Public Policy, did recently. You may have seen the headlines: “Each Chevy Volt Costs Taxpayers $250,000.” “Are Volts for dolts? It’s starting to look that way.” “Report: Every Chevy Volt has over $250,000 in government subsidies.” When we first saw this story, we looked it over and figured the math was so skewed that no one would dare repeat it. But then everyone did, so we now think it makes sense to throw some cold water on the whole issue.
It’s truly a shame. Maybe they hate making the President look good because he bailed out GM and they are now doing well?
