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It's tempting to call the shameful taxpayer subsidy for electric cars - vehicles that are unaffordable for all but a small number of wealthy Americans - this nation's costly little secret.
For several years now, President Obama and his allies in the environmental movement have promised to usher in a green economy that will create millions of new green jobs that “can’t be outsourced.”
As the president has ramped up into campaign mode, he has studiously avoided mentioning most of his signature accomplishments. One can see why. The one thing President Obama always seems to mention is the auto bailout. His implication that the bailout is succeeding-that it will not ultimately be a loss for taxpayers-is a constant theme of Democrats.
The private sector is entirely capable of developing EVs and other new automotive technologies without the need for subsidies.
Despite China's emergence as an economic power and all the talk about how America has become a service economy, U.S. manufacturing is alive and well.
Despite China's emergence as an economic power and all the talk about how America has become a service economy, U.S. manufacturing is alive and well. But there is a fly in the ointment -- the U.S. has become dangerously dependent on imports of raw materials needed to keep the economy moving.
Once again, the regulators in California have decided to lead the nation in terms of vehicle emission standards, proposing to require that 15.4 percent of all vehicles sold by 2025 must be electric cars, plug-in hybrid cars, or (currently non-existent) fuel cell cars.
The Obama administration's entanglement in the GM bankruptcy has violated some important tenets of our international trade policy.








