In a surprisingly good New York Times (Shaky Battery Maker Claims a Breakthrough) article, the colossal failure of President Obama’s “investment” of our money is illuminated.
Rather than seeing 1,000,000 smug elites on the road in their Dinosaur powered political statements by 2015, Mr. Obama’s goal, to date this year the Chevy Volt and Nissan Leaf have sold some 10,000 units. But, rest assured, an Energy Department spokeswoman comforts us that the demand will triple by 2017 . . . so, Mr. Obama will ask for 3,000,000 saps to buy cars they don’t want and some miniscule number of “progressives” will oblige.
This is merely one more example of Statists perverting John Maynard Keynes. Government spending can not create demand for products without utility.
It’s okay though, it costs you nothing. Your grandchildren will get the bill.