Commercials for the Chevy Volt have actor Tim Allen reading a script which includes the line "This is the car America had to build." Apparently not so much. GM is announcing a five week suspension of production of the Volt along with temporary lay offs of 1,300 workers. The heavily government subsidized, occasionally flammable car with a battery life that makes a smart phone look like a perpetual motion device was plagued by poor sales (despite President Obama's promise to buy one when he's no longer President).
What we have here is yet another case study to show that government cannot centrally plan an economy or somehow legislate technological progress (though, ironically, essentially the Volt is a coal powered car, so progress is a relative term). Government has no business trying to do this kind of thing as it just throws tax dollars at bad ideas. Now do I think politicians on the left or the right will suddenly recognize this? Nope.
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