Happy Mirth Day «: "On this Earth Day I share with you one of my favorite illustrations of the mirthiness that an uncritical and political assessment of environmental economic conditions has become. It’s from a few years ago but it ages well. Here the Mackinac Center finds, by simply adding up all of the subsidies that GM gets directly for producing the Volt and for he subsidies that its suppliers get, and so on. The numbers indicated that each Volt sold (I suppose with economies of scale this would fall) came equipped with a quarter million dollar of benefits from the taxpayers. Nice!"
'via Blog this'
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