Here’s the latest reader question, along with my reply!
Eric asks: Have you heard Chuck Schumer promised that if Democrats win the Senate in 2020, they’ll pass a law requiring that every car in America be electric by 2040?
My reply: No – but I am not the least bit surprised by this. Schumer has already proposed a “bold new plan” (their plans are always “bold”) to massively increase the subsidies for EVs – from the current maximum of $7,500 per car to $10,000 or more. The idea being to artificially – but temporarily – efface the enormous economic advantage IC cars have over EVs.
I also dread the reverse – i.e., punitive taxes applied to IC cars to make them as artificially expensive as EVs are, naturally. Such taxes are already applied in China. I expect them to be applied here, too,
I hate to say this, but our only hope is orange… the Orange Man.
If he loses, it’s over.
. . .
Got a question about cars, Libertarian politics – or anything else? Click on the “ask Eric” link and send ’em in!
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It is coming,make no mistake. The unwashed masses are being needed towards electrics slowly but surely. Just like this “holocough”, hindsight is 20\20. Gas is cheap now but they will use this to decrease oil production permanently for 1at world countries. Look at England and Europe, already in place for 2040. Resist resist resist!!!