Analyst: ‘This might be the most government-supported car since the Trabant’
Each Chevy Volt sold thus far may have as much as $250,000 in state and federal dollars in incentives behind it – a total of $3 billion altogether, according to an analysis by James Hohman, assistant director of fiscal policy at the Mackinac Center for Public Policy.
Hohman looked at total state and federal assistance offered for the development and production of the Chevy Volt, General Motors’ plug-in hybrid electric vehicle. Hohman included in his analysis 18 government deals that included loans, rebates, grants and tax credits. The amount of government assistance does not include the fact that General Motors is currently 26 percent owned by the federal government.
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You’re getting predictable. I can tell your posts by the headlines… 🙂
Now if i could pick trades as well, I’d be all set.
Hmmm. Not sure how to take that? Anyway, not trading on the fundamentals, I don’t read much news about individual stocks, buybacks, that sort of thing. Much more of a big picture type, like what is going on in Europe…
Please don’t take it the wrong way. I just think a cocktail party that included both you and some of my moderate Republican friends would have some very interesting discussions. 🙂
Probably! Honestly, I’m not feeling very Republican. More Libertarian. I’m not interested in the gov’t legislating morality. Honestly, I just want a much less involved Federal gov’t.
The Volt subsidies cost taxpayers nothing. Everything is free when the debt limit is raised.
rof. the way gm goes, so goes the country, didnt that used to be the saying. hows that working by the way. i know, will ask the ows’rs that didnt have metal shop in high skool.
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