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Wednesday, September 26, 2012

The Obama Economy: Solyndra and the Volt

by Jeff Davis

We’re hearing a lot of propaganda from the Obama regime about how he has all sorts of ideas to help the economy if we would just give him another four years. Well, why don’t we look at what Obama has done during his first years in office? Obama heavily invested taxpayer dollars in Solyndra, which turned into a half billion dollar failure. Looks like another one of the Obama administration’s much-touted “alternate energy” projects, the Volt has run out of juice too.


$535 million govt. loan to Solyndra all lost.

USA Today reports: “General Motors is halting, for a month, the manufacture of its well-known but seldom-sold Chevrolet Volt extended-range electric car, according to trade publication Automotive News. It would be the second interruption in production for the Volt, which can go 38 miles on battery power before needing a recharge from its gasoline engine or via a plug-in.”

Basically, the Volt is a glorified golf cart with a small gas engine to keep it from being completely worthless. 38 miles is nothing in American driving distances. Maybe one trip to the mall and back. Many Americans are forced to drive for hours each day in their daily commutes to work. During the summer, you often need to run the car’s air conditioner continuously, which is something that a Volt would quickly need its gas engine to do. During the winter, you will probably need to run the gas engine to get heat so that the inside of the Volt isn’t freezing.

USA Today goes on: “Automotive News citing unnamed sources, reports the Detroit-Hamtramck plant from Sept. 17 until Oct. 15. Leaders of the United Auto Workers union told the plant’s 1,500 workers about the scheduled downtime last week, the source said.”

“A GM spokesman declined comment. ‘We don’t comment on production schedules,’ the spokesman told the News. ‘We continue to match supply and demand.’”

So, in other words, there is no demand, hence the hiatus in production. The Toyota Prius has been around for years and has most of the bugs out of it as far as a practical hybrid goes. It’s still way too expensive for ordinary Americans to buy (especially in the current Obama Depression). The Prius is a status car for rich suburban Whites, who want to pretend that they’re environmentally conscious.

The article notes “GM sold 10,666 Volts through July, way up from the 2,870 sold during the same period a year earlier.”

That’s roughly 13,000 of these golf carts in a nation of 300 million people, with how many new and used cars sold every year? They’re also incredibly expensive, by the way. They ran abut $60,000 new when they first came out, although now what with assorted deals and trade-ins and rebates and gimmicks you can pick one up for about $40,000. Or you can pick yourself up a new Hyundai starting at about $14k or a used car for about $5k.

The reason for the hiatus in the Volt’s production is simple: Almost nobody in America except a handful of rich liberals wants the thing. And even rich liberals are a little choosy about what they buy in this bad economy. Most rich green yuppies already have a Prius and will probably just keep driving that since Toyota has gotten the bugs out of their design and Toyota will still be around years from now making spare parts.

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