Posted on 08/21/2022 6:19:22 AM PDT by SES1066
Gee Joe, who’s the greedy capitalists how?
The price is not determined by costs, but how much the company thinks they can get away with charging to maximize profits.
We know car companies collude on prices.
Surprise to all the democrat party’a useful idiots. Take policy is just one big theft ring from wage earning tax payers to the rich of this country.
Democrat party voters really are dumb.
What I don’t understand is all these car companies going electric. It seems that they are being forced to do this instead of providing what the market wants.
Dodge just announced that they will quit production of the Charger and Challenger to focus on EV’s.
wow.
The Democrats will bail them out of the EV disaster , you can bet that’s on paper
“Just like college where obviously nobody has learned anything.”
I learned a lot in college.
Subsidies increase demand, however.
Not if they are taking tax revenue or borrowing power to provide those subsidies. If so, that money taken from others is just redistribution that takes away from where that money would otherwise be spent in the general economy.
Why? Only if the prices go down.
Looks to me that all car manufacturers are saturated, so they are planning to sell all they will make. No need to lower the prices!
Shhhh... our Biden gov't doesn't want this information to spread.
Why is China a leader in EV adoption? Because the commie gov't can force people into buying EV's. Expensive registration and tax costs, heavy tolls, bans on entering city downtown areas, and other impediments to ICE vehicle ownership. The peoples are being forced into buying EV's.
Other governments are adopting the Chinese plan.
Tax CREDITS cancel tax due, so theoretically just a one-to-once exchange for the goods purchased; but they really allow for significantly higher income.
At a 15% basic tier income tax rate a $7.5K tax credit allows for $50 K additional income with no change in net tax.
You are confusing aggregate demand drop of all goods vs focused increase. But in reality it’s deficit spending so in the short run it’s nothing but increased demand
Looks like the potential EV buyer & the ones who trust Biden both got sucked in this time. Glad to say I feel fortunate to belong in neither category. The EVs seem like a bad idea regardless of price & most everybody knew a long time ago that Biden & his plans were a bad idea.
If push comes to shove, the Amish have the right idea. :-)
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