Tue Sep 27, 2022 – 11:16 am EDT
(RealClearWire) — America’s big auto companies, less than 15 years since they were bailed out of bankruptcy following the Clinton-Bush recession of 2008, are betraying the American people out of their greed for government cash and favor. Their “net zero” plans – in conjunction with the globalist dictators and the Biden Administration – include eliminating huge numbers of jobs and devastating major segments of the U.S. economy.
The Democratic Congress has imposed taxes on the American people to subsidize electric vehicle purchases by wealthy, politically correct institutions, including rental car agencies, government bureaucracies, and other entities buying in bulk. Meanwhile, auto manufacturers are planning to virtually eliminate auto dealerships, ethanol producers, and auto parts dealers and vastly diminish the number of auto mechanics.
Insulting the vast majority of its member automobile owners, the American Automobile Association (AAA) hypocritically reports that “vehicle ownership, whether electric or gas-powered, is a personal choice.” But does AAA forget that our “choice” is rapidly being taken away by government in collusion with lenders and the auto industry itself?
The recently enacted (and ridiculously named) Inflation Reduction Act is a monstrous bribe to wealthy, mostly urban Americans with its $7,500 tax credit for purchasers
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