Sunday, July 18, 2010

new jobs via electric cars

With official unemployment near 10%, it would be great if we get more jobs via electric cars. The problem is that China will probably get most of these due to its lower wages. That means the rust belt will continue to rust in america. Higher taxes and a business unfriendly administration will higher unemployment mean. Besides, there are few pipe dreams as foolish as the electric car. It is too heavy, and too expensive. Carbon tax will make electricity very pricey. Not doubt these electric cars will be power via wind mills or unicorns.

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