The Failed Chevy Volt: A Microcosm of Obama’s Failed Presidency
by AWR HawkinsIf we judge Barack Obama by his own promises, we must conclude that he has failed miserably. After all, it was he—not others in his stead—who spent the 2008 campaign promising to “provide care for the sick and good jobs for the jobless,” blah, blah, blah. It was he who used rhetoric so far removed from reality that some people actually thought Obama’s election would mark the end of every conceivable worry a human could possess. People grounded in reality knew this wasn’t true, but many among us who were already accustomed to living off the mercy of the government were easily fooled.
Think about it this way:
What good has Obama’s stimulus package done? Our national unemployment is ranging between 8.6 & 9.1%, and it only appears that low because those keeping tabs on it stopped counting people who have given up on ever finding jobs. Moreover, because of the Democrat’s tax and spend approach, our national debt is now at $15, 182,756,264,288.80, and Obama’s plan to change this is “more EPA, more NLRB, more Dodd-Frank, and more Obamacare.”
As Larry Kudlow put it: “Obama’s economic policies have failed.”
And if you want a microcosm of Obama’s failed presidency, of his ridiculous approach to economic policy, look no further than the Chevy Volt. The sticker price on a Volt is $40,000, but the cars are so technologically challenged that each one is subsidized to the tune of approximately $250,000. Now that’s Obama-nomics in a nutshell: Brag about your car company’s $40,000 electric car, but never mention that the $40,000 price tag costs tax payers a quarter of a million dollars per car.







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