“The Chevy Volt is a Disaster”


Charles Krauthammer on the Chevy Volt:

The only people who are going to buy it are going to be very rich people who are going to park it outside their townhouse for ostentatious show of how virtuous they are while they drive around in their Cadillac Escalade.

[…]

This is a classic example of what happens when the political and ideological desires of an administration are imposed on a private company. That’s how the Soviets worked it with the five year plan, and it didn’t work. It’s not how many jobs you create or even save, it’s can you sell a product in the market that will make a profit. Otherwise, it’s a farce.

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