Posted on 03/10/2012 9:21:38 AM PST by jazusamo
March is an important month in the ongoing saga of President Obama’s abject policy failures. First, Chevrolet announced that it would temporarily cease production of the president’s much-touted car for the green economy, the Chevy Volt. Second, the U.S. Supreme Court will hear the state-led challenge to the president’s health care legislation. And while “ObamaCar” and ObamaCare may seem like unrelated topics, in this case they have at least three elements in common.
Both were sold as a key to creating jobs and economic growth. Only last year the president predicted that there would be 1 million electric cars on U.S. roads by 2015—just three years away. And New York Senator Chuck Schumer doubled down on that economic vision: “We need a business model based on cars of the future, and we already know what that future is: the plug-in hybrid electric car.”
Similarly, Obama defended his takeover of the health care system by proclaiming, “We must lay a new foundation for future growth and prosperity, and a key pillar of a new foundation is health insurance reform.” Speaker Nancy Pelosi saw health reform as a jobs factory: “In its life [health care reform] will create 4 million jobs, 400,000 jobs almost immediately.”
Well, that economic wave of the future can wave goodbye. Green energy isn’t creating jobs and boosting the economy. Indeed, many green energy companies are cutting back, laying off or closing down—even with billions of dollars in taxpayer subsidies.
Meanwhile, oil and gas production—the left’s biggest nightmare—is resurgent, and the U.S. is once again becoming a global leader in energy production. Several state economies are booming because of the energy explosion, with low unemployment and high wages—everything the president promised from the green economy, but has failed to deliver.
(Excerpt) Read more at forbes.com ...
Ping!
The electrfic car has been around since the 1880’s. By the early 1900’s it was somewhat common and very expensive, but it had one problem. Very limited range.
Here we are in the 2000’s and with all our technology, the electric car has the same problem. Very limited range.
There just isn’t enough lipstick to hide this fact.
ObamaCar and ObamaCare are similar in that the taxpayers, not the recipient/owners, have to pay for them. It’s the way communism works.
You’re exactly right. The Marxist/communist in the WH couldn’t be happier with both these farces, so far he’s been successful at shoving both of them down our throats. A day of reckoning is coming, hopefully it will be this November.
The Volt is like Obama himself:
It is “change” no one really asked for
It’s unproven
It costs too much
It brings unforseen consequences
It ignores the needs of regular folks
It was born in Kenya
(OK, I was running out of similarities...)
I'll add that in a year or two it'll probably be manufactured in China by the GM/SAIC partnership.
both of 'em really burn me up ?
The Volt vs. the 2013 Ford Fusion
The "AutoExtremist" blog notes the new Fusion is a game changer. Someone in the Conservative Media arena I hope will run with it...
Like health care...
* It will show Free-Market choices vs. Gov't top down Mentality
* It will show the 5 or 6 models of the Fusion with all sorts of powertrains and juxapose it against the Volt and we have the whole HSA-MSA-High deductible Alterative vs. Obamacare in a Microcosm.
* It will show what people will do with the choices, They will make them and avoid the "other" product.
Unfortunely with Obamacare, we don't have a choice we do with the car(s)for now
One big difference is, with the Volt, one can actually get somewhere.
Thanks jazusamo.
Mr. Matthews, that ain't the half of it. The Opportunity Cost of the money and talent stolen from the private sector by the government is enormous. If all those dollars had been left with their rightful owners and they made their own investment decisions (looking out for their own self-interest), the capital would have been much more efficiently allocated. And we would have created MILLIONS of free enterprise jobs years earlier. The same goes for the wasted precious engineering resources. These people were diverted to absolutely wasteful pie-in-the-sky utopian dreams and, in the end, have probably produced NOTHING. Those engineering manhours are never coming back -- they are GONE. If they had been put to productive use on the free-market investment decisions by the aforementioned taxpayers, who knows what new useful technologies would have been developed, technologies actually in demand by the market place.
The opportunity costs of government distortions of markets are rarely measured and quantified. But they must be staggeringly large.
My great grandmother owned an electric car. My mom recalls it was good for a run to the small town grocery but had trouble pulling back up the hill to where they lived in Mystic, IA.
1912 Argo Brougham Had a range of 75 miles on a charge, at the breakneck (on those roads, anyway) top speed of 20 mph. Volt gets 40 miles per charge, at theoretical highway speeds. I am detecting some seriously ham-handed design flaws in the volt.
I think the White House believed that by 2012 they would have consolidated their power to a near dictatorial level like that of Venezuela’s Hugo Chavez. In 2009 New York congressman Jose Serrano sponsored a proposed constitutional amendment that would lift presidential term limits allowing Obama to remain past eight years. Unions and $8-an-hour “protesters” were picketing Wall Street and terrorizing the families of bank executives in their front yards.
Obama proposed a “civilian national defense force” that raised the specter of Haiti's machete waving Tonton Macoutes. A record number of newspaper and broadcast reporters was hired by the White House and it was hinted that Obama would bail out failing newspapers.
Unprecedented pressure in the form of threats, bribery and blackmail was exerted on Congress to pass Dodd-Frank and ObamaCare. New York Democrat Rep. Eric Massa was set up and exposed by congressional staffers—an occupation riddled with fudge packers—as a homosexual after announcing he would vote against ObamaCare.
From the perspective of the DNC and organized labor the practical effect of ObamaCare and Dodd-Frank is to create massive new bureaucracies to be staffed by union members who will vote Democrat and sabotage Republicans.
The reaction to all this is that there are now more privately owned firearms in the U.S. that there are people
and some ammo manufacturers have added factory shifts. The 2010 elections was the beginning of the end of Obama’s “Perfect Storm.”
ping
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