Sponsored Content
« Valentine's Wishes | Main | PPP: Santorum Edges Romney In Head-to-Heads Against Obama, But Both Lose »
February 14, 2012

Obama Ups Subsidy For Chevy Volt to $10,000 While Cancelling $8000 DC Voucher Program

Question, by the way.

Obama talks a lot about the rich paying their fare share. And suggests it's patriotic to overpay taxes.

That being the case, why do the rich not purchase the Chevy Volt without the subsidy? Sure, it'll cost $7500 more (or $10,000 more, according to Obama's new budget).

Is that not patriotic? Why do Obama's rich minions need to be bribed into (supposed) virtue?

Anyway, the rich win, the poor lose.

That's not a surprising outcome in socialism.

In case you haven’t been shopping for a Volt — and odds are, you haven’t — the vehicle carries a hefty $41,000 price tag. So what kind of person benefits from that tax credit? General Motors says the average income of a Volt buyer is $175,000 per year. And according to Bill Visnic, senior editor for Edmunds.com, “The Volt appeals to an affluent, progressive demographic.” In other words: rich yuppies.

The Daily Caller reports that the subsidy “would cost taxpayers $100 million each year if it is approved by Congress, presuming only 10,000 new-technology autos are sold each year.” And if the President reaches his goal of putting 1 million of those kinds of cars on the road by 2015, the subsidy could cost $10 billion.

Why is the subsidy necessary? It’s no big mystery. Despite the slick marketing, high-gas mileage, and environmentally friendly cachet that comes along with them, the cars just aren’t selling. In January, General Motors sold 603 Volts — almost twice as many as in January 2010, but less than half of its total sales in December. And in 2011, GM missed its projected sales volume for the vehicle, shipping 7,671 of the vehicles — well short of its target of 10,000.


To be clear: $10,000 in taxpayer funds to subsidize the purchase of an electric car versus $8,000 to give a child a choice in education. We know what the President chose. Which would you pick?

During the ObamaCare debate, there was some question whether Obama would choose to lose his progressive base or the independents who hated ObamaCare.

Not a question at all, I thought. Progressives give you money and votes; Independents, at most, will give you votes (and they'll tend to split votes fairly evenly besides).

So, forced to choose, you go with the people giving you the money.

As Allah noted last night, Obama also chose to kill Keystone. Sure, tens of thousands of construction workers would have had jobs. But they don't donate money -- and the Sierra Club and other progressive "environmental" groups do.

Now, as between poor people in DC, who are voting for Obama no matter what, and the green lobby, or especially the cash-rich Teachers unions -- who does Obama side with?

The ones with the money.

Not really all that hard to explain. Odd thing about socialism -- while some of the rich claim they want a socialist society, they want the costs of their preferred mode of government to fall on others, too.

Which itself isn't surprising, either. Once you've got the socialist frame of mind, why shouldn't your preferred socialist mode of government come out of someone else's pockets, too?

digg this
posted by Ace at 11:29 AM

| Access Comments

Recent Comments
Weasel: "Comments are closed. ..."

Eromero: "Nobels are a dime a dozen. I have two on them hang ..."

CharlieBrown'sDildo: "I do love Edward Gorey and Charles Addams [i]Po ..."

Inquiring minds: "Moki, make / model / year ? ..."

OrangeEnt: "More scientific fraud. A prominent Johns Hopkins r ..."

CharlieBrown'sDildo: "[i]Posted by: publius, Rascally Mr. Miley (Mzdiz) ..."

Eromero: "72 Semi Literate Thug: We studied it, and it doesn ..."

Mark Andrew Edwards, GotG vol 3 review: "I do love Edward Gorey and Charles Addams ..."

Moki: "Not being ugly to you, Bertram. A, electrics are t ..."

MikeN: "No Honor for American mercenaries. ..."

Moki: " Is that an electric vehicle? Posted by: Bertram ..."

MikeN: "Rand Paul @RandPaul · 11h Fake conservati ..."

Recent Entries

Polls! Polls! Polls!
Frequently Asked Questions
The (Almost) Complete Paul Anka Integrity Kick
Top Top Tens
Greatest Hitjobs

The Ace of Spades HQ Sex-for-Money Skankathon
A D&D Guide to the Democratic Candidates
Margaret Cho: Just Not Funny
More Margaret Cho Abuse
Margaret Cho: Still Not Funny
Iraqi Prisoner Claims He Was Raped... By Woman
Wonkette Announces "Morning Zoo" Format
John Kerry's "Plan" Causes Surrender of Moqtada al-Sadr's Militia
World Muslim Leaders Apologize for Nick Berg's Beheading
Michael Moore Goes on Lunchtime Manhattan Death-Spree
Milestone: Oliver Willis Posts 400th "Fake News Article" Referencing Britney Spears
Liberal Economists Rue a "New Decade of Greed"
Artificial Insouciance: Maureen Dowd's Word Processor Revolts Against Her Numbing Imbecility
Intelligence Officials Eye Blogs for Tips
They Done Found Us Out, Cletus: Intrepid Internet Detective Figures Out Our Master Plan
Shock: Josh Marshall Almost Mentions Sarin Discovery in Iraq
Leather-Clad Biker Freaks Terrorize Australian Town
When Clinton Was President, Torture Was Cool
What Wonkette Means When She Explains What Tina Brown Means
Wonkette's Stand-Up Act
Wankette HQ Gay-Rumors Du Jour
Here's What's Bugging Me: Goose and Slider
My Own Micah Wright Style Confession of Dishonesty
Outraged "Conservatives" React to the FMA
An On-Line Impression of Dennis Miller Having Sex with a Kodiak Bear
The Story the Rightwing Media Refuses to Report!
Our Lunch with David "Glengarry Glen Ross" Mamet
The House of Love: Paul Krugman
A Michael Moore Mystery (TM)
The Dowd-O-Matic!
Liberal Consistency and Other Myths
Kepler's Laws of Liberal Media Bias
John Kerry-- The Splunge! Candidate
"Divisive" Politics & "Attacks on Patriotism" (very long)
The Donkey ("The Raven" parody)
Powered by
Movable Type 2.64