How Trump Doomed the American Auto Industry

[fujiyamasan]

4. I'm sorry this is one area I completely disagree with standard democratic policy

Which has basically become dogma over twenty years.

The whole electrification push was incredibly regressive and was also corporate welfare. Tax money basically being shoveled into the coffers of automakers to produce toys for the wealthy like the F150 lightning. Lower middle class and working class people barely benefited from it. After all the political wrangling it sure didn’t get democrats any additional votes.

It was those kind of boneheaded policies that built up Elon Musk’s wealth for one. It’s not the government’s responsibility to build up technology infrastructure. That should have been the automakers investment to make.

Oh well, it worked for me, so I’m not really complaining. I took advantage of the tax credit before it was repealed to lease a nice plug in hybrid. But I’m aware of my privilege in being able to afford the vehicle.