Michelle Malkin informs us that Obama’s predicted 1 million electric cars on the road by 2015 will fall about 826,00 cars short of the target. Obama’s pie-in-the-sky green agenda dumped lots of stimulus money into electric cars (or, as they should be labeled, ObamaCars) and the “consensus” is that it has been an economic failure – one of many.
Much of the current failure of electric cars to catch on is due to cost and the difficulty of producing efficient batteries. The Obama administration dumped $2 billion stimulus dollars into new battery companies in the “hope” they would produce a breakthrough to help fill the roads with his electric cars. That, too, failed.
Fisker Automotive, which received a $500 million stimulus loan to produce electric cars (in Finland, not in the USA), went bankrupt last year, adding to the long list of stimulus failures. After bailing out GM, Obama praised the Chevy Volt like a new car dealer, making a campaign promise to buy one after leaving office. His campaign promises, however, have flopped as badly as sales of the Chevy Volt, so don’t hold your breath.
Electric cars aren’t a bad idea and they do work, but they are not far enough along in their development to be our main mode of transportation. Progressives, who “know” what’s best for everyone, are pushing (forcing?) these cars on us for our own good. They don’t care about cost, efficiency, practicality, or anything else that doesn’t fit their beliefs.
Obama’s entire green agenda has been based on what “should” be and not what “is” and cost means nothing because it’s only government money. If the dream fails, it’s no big deal. He’ll be out of office soon enough and cruising down the highway in his brand new Chevy Volt – given to him, free, by GM. At least he won’t have to drive a Fisker.
Another daydream; another dollar…make that a trillion dollars – and counting.
David J. Hentosh
Tags: 2016 Presidential election, barack obama, Chevy Volt, economic failure, Economy, electric cars, Federal Deficit, Liberalism, Obama, political correctness, Progressivism, Stimulus, stimulus money