electric cars and the CBO

Via hotair.com comes a report from the CBO that for a mere $7,500,000,000 through 2019, we can subsidize the purchase of cars that are over-priced under-performers compared to their internal combustion counterparts, and will have no net effect on vehicle emissions.

Bonus – another article on hotair.com applies (gasp) common sense to the costs (monetary and environmental) over the lifetime of the Chevy Volt (or as it ought to be known, the obamacar).

Ah, reality – the concrete wall in the crash test facility that is government-directed industry.


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