This is what a government car company looks like
Government Motors (GM) has announced the new Government Car: The Volt—the “car of the future” that takes the world back around eighty years.
40 miles on electricity alone! Gosh! What a wonder! No wonder some people are calling it “The Voltswagen — The people’s car that the people must pay for.” That’s payment through the nose, because even with a price tag of US$41,000, more than a top-range Cadillac, it will still lose money. No wonder government-owned Government Motors is after government subsidies to make it work.
Hooray for Government Money.
Notes Peter Foster at the Financial Post,
“GM’s marketing chief, Joel Ewanick … said the Volt was ‘starting the world on a different path.’ Would that be The Road to Serfdom?”