Obama boosts government subsidies for buyers of the Chevy Volt and other new-technology vehicles to $10,000 per buyer. Oh, and the average income of the Chevy Volt’s buyers is $170,000 per year, according to General Motors CEO Dan Akerson. The car’s so good, we gotta bribe wealthy people to buy them.
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He's either a dumbass who has no damn clue about how economics works, or he's completely corrupt, & giving the money to "favored" buisinessmen.
Or both.
Since when is the federal government in charge of setting market prices? Did I miss something along the way?
America does not have the combination to the chevy vault. =(
Even if I had the money, there's no way I'd spend 50 grand on a car that only goes 20 miles per charge in cold weather. Would have to light the damn thing on fire 1/2 of the way to work to stay warm.
"have to light the damn thing on fire..." No you wouldn't. That is one of the very few features of this fine automobile. After a few miles, it lights itself on fire.
Something like 95-96% of dealers that lost their franchises when the liberals annexed GM for the sake of the unions had donated money to the RNC or Hillary.
Makes seance now..
If I remember correctly, Gretchen Carlsen from FOX News mentioned on the air that her family, who had been a GM franchisee for many years, had their franchise pulled, and they were a high volume and very profitable business.
Seems that the entire scheme was totally politically motivated.
After 0bama's pronouncement, GovMtr raised the price of a VOLT by $2500.
I'd ask where the Occupiers are on how The Volt is a car for the 1% but then 99% of the whiny-whine percent believes in all the envirocrap behind it. Can't ask them to question their faith can we?
No thanks..But I might play with my Grandson's Mattel electric (battery powered) toy car so I can feel like a 1%er.