'In the end it's not the years in your life that count. It's the life in your years.'
- Abraham Lincoln -

Wednesday, September 26, 2012

It's Official. Electric Cars Suck.

Something anyone with the slightest bit of common sense already knew:

"In a recent report on The Effect of Federal Tax Credits on the Purchase of Electric Vehicles, the [Congressional Budget Office] concludes that electric vehicles are a loser for everybody (especially taxpayers, who will shell out an estimated $7.5 billion in subsidies—mostly to wealthier people, of course, by the year 2019)."

And yet they blunder on down that road, oblivious to the approaching cliff  ...