Re: Tesla cars subsidized by taxpayers
Posted by:
TymH4
()
Date: October 09, 2016 07:33PM
okay... Wrote:
-------------------------------------------------------
> The Federal government spent between $83B each
> year on average for the past 35 years (with
> another 3X that amount contributed by the States)
> and what did it get us? - a reduction of
> manufacturing jobs that you noted.
>
> According to the Congressional Budget Office
> (CBO), public spending, including federal, state
> and local governments, transportation and water
> infrastructure amounted to $416 billion in 2014,
> of which $96 billion came from the federal
> government.[1] In real terms, this reflects a
> higher expenditure than the historical average of
> $83 billion.
>
> btw, the U.S. imports about 13% of its oil
> consumption from the Middle East. It is not to
> protect this relatively small source of oil that
> the U.S. is involved in the Middle East - see the
> arms business and Israeli lobby for the answer...
>
> The Obama years have been a boom time for
> America's weapons makers. Since 2009, the United
> States has approved arms deals worth some $200
> billion—more than under any other presidency.
> The deals include sending Apache helicopters to
> Qatar, "bunker buster" bombs and cluster munitions
> to Saudi Arabia, and Hellfire missiles all over
> the place. Predicting an increase in weapons sales
> fueled by the war against ISIS, an unnamed
> American weapons manufacturing executive told
> Reuters last year: "Everyone in the region is
> talking about building up supplies for 5 to 10
> years. This is going to be a long fight. It's a
> huge growth area for us."
>
> The United States currently controls more than
> half of the global arms market. Its top five
> customers are Saudi Arabia (more than $100B of
> arms since 2009), the United Arab Emirates,
> Australia, Iraq, and Israel.
>
> So, I note the irony in your reference to a
> "peaceful solution" - would that it were so...
WTF does that have to do with middle-class taxpayers providing ridiculous levels of subsidies to a commercial-scale (i.e., not R&D), publicly-traded company with a market cap of $30 billion and, assuming that it has such great promise of profitability, has plenty of other sources for commercial financing?
I like electric vehicles. I just don't like Tesla, Musk, and his investors sucking money out of middle-class taxpayers to make themselves rich and subsidize their wealthy customer's very expensive toys.