Obama hikes subsidy to wealthy electric car buyers, like VOLT

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Obama hikes subsidy to wealthy electric car buyers


By Neil Munro - The Daily Caller Published: 2:10 PM 02/13/2012 | Updated: 4:44 PM 02/13/2012





By Neil Munro - The Daily Caller





The White House intends to boost government subsidies for wealthy buyers of the Chevy Volt and other new-technology vehicles — to $10,000 per buyer.

That mammoth subsidy would cost taxpayers $100 million each year if it is approved by Congress, presuming only 10,000 new-technology autos are sold each year.

But the administration wants to get 1 million new-tech autos on the road by 2015. The subsidy cost of that goal could reach $10 billion.


Read more: http://dailycaller.com/2012/02/13/obama-hikes-subsidy-to-wealthy-electric-car-buyers/#ixzz1mIzIqUO3
 
Insanity

Doin the same things over and over

Hopin for different results
 
ELECTRIC CAR BUMMER: University of Tennessee Researchers Find E-Car Emissions May Be More Harmful than Gasoline Cars’.:cool:
 
The new budget also has another bailout for people who shouldn't have bought houses they can't afford.
 
ELECTRIC CAR BUMMER: University of Tennessee Researchers Find E-Car Emissions May Be More Harmful than Gasoline Cars’.:cool:

And where was this research done?

China.

Does it apply to US E-Car emissions? No.
Do you care? No.

:rolleyes:
 
So on one hand he wants to soak the rich but on the other he wants to PAY them to buy his failmobile? Wow, just wow. :rolleyes:
 
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