Automaker loans outrank food stamps, all hail the Chevy Volt!
By Matt Jansen
Transportation is a pretty basic infrastructure need, and that’s obviously top of mind for the U.S. Government, which is on the fast track to approving a bill that prioritizes automaker loans as more important than issuing additional food stamps. And the Chevy Volt is primed to put that cash to work.
Trends have always held sway in the U.S. and right now green cars are the focal point of what it means to be a conscientious green consumer. People also usually want to be cool and the Chevy Volt is starting to attract some of the same sexiness that Apple bats around regularly.
The bill in total is over $600 billion, but:
It does not include other measures . . . like increased spending for food stamps, extended unemployment benefits and medical assistance for states, all meant to help citizens navigate a slumping economy, according to Reuters.
Apparently some of those measures will be included in a separate economic stimulus bill still to come.
The Chevy Volt and other ultra efficient cars like it are poised to drastically reduce what it costs an average driver to get from point A to point B. You can bet that the people who are able to afford a Chevy Volt are able to all of their food without food stamps.
Of course, if the teetering auto industry topples, many will be left jobless and that creates its own set of issues. One parallel is clear: the auto industry is relying on the government for sustenance just like a homeless person relies on the government for food.
It doesn’t stop there though, the government is also willing to put up to $7500 in the pot in the form of a tax credit for anyone who buys a Chevy Volt. Toyota is smarting from that specific reference.
Now we’ll see if the bill actually becomes law as green ripples through politics.
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