Author Topic: Trump Threatens to End GM Electric-Car Subsidies  (Read 2940 times)

Offline tac

  • Hero Member
  • *****
  • Posts: 3977
  • Gender: Male
Trump Threatens to End GM Electric-Car Subsidies
« on: November 27, 2018, 12:08:53 PM »
Trump Threatens to End GM Electric-Car Subsidies

Justin Sink and Ryan Beene

Bloomberg) -- President Donald Trump said he may try to eliminate electric car subsidies for General Motors Co. after it announced it will close factories and lay off thousands of U.S. workers.

GM fell as much as 2.9 percent and traded down 2.4 percent at $36.73 at 2:16 p.m. in New York.

Trump has repeatedly expressed anger over GM’s plan to close five North American factories since its Chief Executive Officer Mary Barra announced the layoffs on Monday.


https://www.msn.com/en-us/news/politics/trump-says-us-may-eliminate-electric-car-subsidies-for-gm/ar-BBQakyN

Why should the tax payer keep paying for these cars if they are manufactured in China?


Offline supsalemgr

  • Hero Member
  • *****
  • Posts: 12468
  • Gender: Male
Re: Trump Threatens to End GM Electric-Car Subsidies
« Reply #1 on: November 27, 2018, 12:42:15 PM »
Trump Threatens to End GM Electric-Car Subsidies

Justin Sink and Ryan Beene

Bloomberg) -- President Donald Trump said he may try to eliminate electric car subsidies for General Motors Co. after it announced it will close factories and lay off thousands of U.S. workers.

GM fell as much as 2.9 percent and traded down 2.4 percent at $36.73 at 2:16 p.m. in New York.

Trump has repeatedly expressed anger over GM’s plan to close five North American factories since its Chief Executive Officer Mary Barra announced the layoffs on Monday.


https://www.msn.com/en-us/news/politics/trump-says-us-may-eliminate-electric-car-subsidies-for-gm/ar-BBQakyN

Why should the tax payer keep paying for these cars if they are manufactured in China?

Trump just may have uttered that question in the oval office.
"If you can't run with the big dawgs, stay on the porch!"

Offline IHateLiberals

  • Newbie
  • *
  • Posts: 5
  • I love Conservative Political Forum!
Re: Trump Threatens to End GM Electric-Car Subsidies
« Reply #2 on: December 18, 2018, 06:56:04 AM »
The sooner this happens the better. And that should also include that public parasite - Elon Musk and Tesla too. There's no reason to subsidize electric car purchases. If people want them - pay for it out of their own pocket.

Offline Solar

  • Hero Member
  • *****
  • Posts: 64115
  • Gender: Male
Re: Trump Threatens to End GM Electric-Car Subsidies
« Reply #3 on: December 18, 2018, 07:04:32 AM »
The sooner this happens the better. And that should also include that public parasite - Elon Musk and Tesla too. There's no reason to subsidize electric car purchases. If people want them - pay for it out of their own pocket.
Agree, and that goes for all subsidies, including Google and it's subsidiaries.
#WWG1WGA

 

Powered by EzPortal