Cue Queen singing “Another One Bites The Dust.” Despite the best of liberal intentions, another liberal dream is dead.
Think Global, the Norwegian car company that designed and manufactured the Think City electric car is swirling down the economic porcelain convenience.
This charming little 2-passenger car was supposed to sell for $28,000 but without generous subsidies available to American manufacturers, the price tag skyrocketed. Sales never amounted to a hill of beans. (As a side note, climbing a hill of beans would have drained the Think City’s battery and it would have needed to stop several hours for recharging.)
We’re sorry to report that Think Global has gone the way of most liberal pipedreams. It’s filed for bankruptcy and will be liquidated in an attempt to net a couple bucks for its creditors.
For god’s sake, man, isn’t there a Norwegian version of Uncle Sugar to make sure that billions of Norwegian tax dollars get wasted on wacky liberal Euroschemes?
Source: Engadget.com
