What is becoming clear from the DOE's venture into the automotive market is it is engaging in something of class warfare that one day will ensure that average Americans will not be able to afford automobiles. I have blogged repeatedly about the cost of the Chevy Volt and its $40,000 sticker price which is dependant on, by some estimates, to be as much as $250,000 per car subsidy. Steven Chu's Department of Energy which sees its mission to wean the country from oil, and the taxpayers be damned, has poured $1 billion into Fisker and Tesla to manufacture high end autos for the rich and famous. It not the gasoline DOE has come for, its the auto. Beginning during the Carter years the automotive industry has become highly regulated and with each regulation the price of the automobile has increased until now the average American vehicle on the road is 10.5 years old. The Cubanization of the country's automobiles is a deliberate conspiracy that has been quietly perpetrated by the DOE, the DOT, and the EPA for more than a generation and each agency and department has done its part to make the American automobile unaffordable to the middle class.
I wonder how much requiring that rear camera's going to cost every car buyer. I heard it's $2000.
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