IBD: Taxpayers Taken For A Ride in ObamaCar

” A think tank crunches the subsidy and bailout dollars and puts the true cost of Government Motors’ electric car at a cool quarter-million. And the few sold have been largely bought by the 1%.”

Investor’s Business Daily editorializes,

… At a time when Democrats are blaming the GOP for blocking a payroll tax cut deal that will add $40 in the average paycheck, they have no problem taking that worker’s tax dollars to make and subsidize what we once called an electric Edsel bought by a precious few with an average income of $170,000…

Read the original report.