GM and Chysler Bankruptcies

[Jester]

Since the industry is already heavily regulated, they can continue to raise the bar on the requirements of what a car should look like until we mere consumers cannot afford one. That is, except the government subsidized and supplied vehicles from Government Motors. Why? To wean the US from using automobiles, or at least ones with an internal combustion engine. This solves the foreign oil problem, and the green house gas problem in a fell swoop.

These things go in opposite directions. Putting expensive regulations on cars raises their price, and lowers consumption. That's good, according to the objective.

But selling government made cars from GM at discount prices lowers their price, thereby increasing consumption. That's bad, according to the objective. I still do not understand why you would do this. If you want to raise prices, like I said, tariffs and taxes. Shutter GM, don't sell discount cars!

Also, what is wrong with losing money hand over fist? That is how government programs work as far as I can tell. They can just keep borrowing a Trillion a year, right?

Spending money on ideas that literally cannot work is not something I would endorse no matter what I thought of government spending.

-Jester