Archive for December 12th, 2011

The U.S. Government’s “Green” Car Boondoggle Is Failing


Monday December 12th, 2011   •   Posted by David Theroux at 3:54pm PST   •   13 Comments

In “For Obama’s green-car revolution, fits and starts” in the Washington Post, Carol Leonig and Joe Stephens report that the highly-touted, taxpayer subsidized, “green” car bonanza is failing, as production lines and sales expectations have been dramatically scaled back in recent months. In reality, this federal program is nothing but a corporate-welfare system for…
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