Forget the Electric Car -- Again!
Charles Krauthammer today comes out four-square against the idea in new column urging that we forget about the social good and just go back to full market economy, which has worked so swell: "The Chevy Volt, for example? It has huge remaining technological
hurdles, gets 40 miles on a charge and will sell for about $40,000,
necessitating a $7,500 outright government subsidy. Who but the rich
and politically correct will choose that over a $12,000 gas-powered
Hyundai? The new Detroit churning out Schumer-mobiles will make the
steel mills of the Soviet Union look the model of efficiency.
"The ruling Democrats have a choice: Rescue this economy to return it to market control. Or use this crisis to seize the commanding heights of the economy for the greater social good. Note: The latter has already been tried. The results are filed under 'History, ash heap of.'"
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