The Chevy Volt

Discussion in 'Politics' started by Wiseacre, Dec 22, 2011.

  1. Wiseacre
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    Wiseacre Retired USAF Chief Supporting Member

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    From blog.american.com. I hear these cars don't do very well in the cold winer months.


    Now that’s an expensive car
    By Kenneth P. Green

    December 21, 2011, 3:38 pm I’ve written before about the insanity that is the GM Volt, but even I am surprised at what the good people at the Mackinac Center found out when they totalled up all the various subsidies that the federal government has thrown into producing the Volt (not including the public’s 26 percent stake in the company). Hold on to your hats:

    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.

    When you throw in subsidies to the battery manufacturers, the subsidy goes up to $256,824 for each of the roughly 6,000 Volts that have been sold.

    Adding insult to injury, those subsidies are mostly going to the fairly well-off: “According to GM CEO Dan Akerson, the average Volt owner makes $170,000 per year.”

    And I thought that the EV1 was outrageous. Obviously, rent-seekers have become more efficient over time, even if their technology hasn’t.
     
  2. DiamondDave
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    DiamondDave Army Vet

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    Is this really a surprise??
     
  3. WillowTree
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    WillowTree Diamond Member

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    gosh darn obamie is subsidizing the upper crust at the expense of the working class? You'd think there'd be a million asswipe demoncraps in here bitchin bout that wouldn't you?
     
  4. The T
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    The T George S. Patton Party Supporting Member

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    At the expense of upsetting Unions? They don't have the stones.
     
  5. Inthemiddle
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    Inthemiddle BANNED

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    Oh what fun. Let's talk about absurd claims from blogs as if they were facts.
     
  6. Trajan
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    Trajan conscientia mille testes

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    fair enough. are the figures wrong?
     
  7. Jarhead
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    Jarhead Gold Member

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    I agree.

    However....and lets see how genuine you are....

    If it were found that the facts and figures are correct......would you be surprised?
     
  8. Clementine
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    Clementine Platinum Member Supporting Member

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    You'd think so. If it were really a matter of principle, they would be. However, it's a matter of toeing the party line like sheeple and that requires ignoring a lot of idiotic policies and programs. Chug some more koolaid and everything feels right again.
     
  9. Inthemiddle
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    Inthemiddle BANNED

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    The figures are absurd and unsubstantiated. You really think it makes sense that the Volt really costs $250,000?
     
  10. Jarhead
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    Jarhead Gold Member

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    Where does it say that ANYWHERE???????????????????????????????
     

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