And strangely, for a car no one wants to have:
If you've been revolted by the fact that every $40,000 electric Chevy Volt sold by Government Motors enjoys a $7,500 rebate at the expense of taxpayers, then better have some Dramamine before you read any further. James Hohman of the Mackinac Center for Public Policy has calculated that the total subsidies—direct and indirect, federal and state—poured into this white elephant could add up to $3 billion or $250,000 for every Volt sold to date. And this is not counting the 26 percent ownership that Uncle Sam still has in the company.
Government has no business in business. But they could waste billions and billions and never lear
