Electric cars are presently the flavour of the week among the chattering elite. Barack Obama loves them so much he’s spending other people’s money on them like there is no tomorrow. Latest figures demonstrate that each Chevy Volt off the assembly line has been subsidised by $250,000 of taxpayer’s money.
7000 have been produced, and the bulk of these have been bought by government agencies.
Now they’ve all been recalled to the factory because they have a disturbing tendency to catch fire. If anyone buys a Chevy Volt, they’re not only ready to overlook a serious safety problem, they’re also prepared to let other people pay the price for their folly. (More …)