Dec
Posted by: Matthew Moon
0 CommentsToday, The Washington Post editorial board pointed out the Obama administration’s continuing habit of substituting ineffective pleasantries for real solutions to serious problems. Specifically, they discuss the administration’s plans to “more than triple an existing $2.4 billion tax credit for the manufacture of advanced energy technologies,” which includes batteries for plug-in electric hybrid cars. There’s one problem though, the program won’t save gas or curb emissions. As the National Research Council explains:
[P]lug-in electric hybrid vehicles probably will not produce significant savings in either greenhouse gas emissions or fuel consumption for at least another two decades -- even with massive government subsidies.
This led Post ed board to conclude:
Pouring on subsidies makes it look like the government is doing something effective about unemployment, energy independence and environmental pollution. The recent evidence, however, suggests otherwise.
We couldn’t agree more. This administration and Congressional Democrats are good at pretending to do something about unemployment, all the while pushing the same failed Stimulus spending programs.
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