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In other words, the consumer subsidy to go electric became a price support for big business, though Ford was willing to sell the car for much less without the subsidy.
HeadSet says
Another indicator is the Cab Company's experience with the Chevy Bolt. The Bolt was $32,000, but the price fell to $27,000 after the tax subsidy was removed.
Should get rid of student loans too.
Ceffer says
Everything is a short con now, riding on the long cons.
@Ceffer I don't get this.
Subsidies cause price increases
Higher Ed in the USA was already chugging down the suicide track before this spring’s eruption of pro-Hamas fury. The college loan racket (government-backed) had the perverse effect of pumping up tuition costs beyond what even many pretty well-off families could afford, while loading up young people with life-wrecking obligations (debt which “Joe Biden” is now shifting onto the creditors, US tax-payers).
LOL! Everything is a short con now, riding on the long cons. That calls for some major campaign contributions.
https://www.cnsnews.com/blog/craig-bannister/ford-gm-raise-electric-vehicle-prices-offsetting-tax-credits-bidens-inflation
In other words, the consumer subsidy to go electric became a price support for big business, though Ford was willing to sell the car for much less without the subsidy.