"Welcome To The Unsustainable Folly Of Modern Socialism": Steve Forbes Torches Biden’s EV Push – Forbes
Category: Socialism
The news that Ford Motor will lose $3 billion on its electric vehicles (EVs) business underscores the astonishing foolishness of the Biden Administrations relentless push to undermine traditional free enterprise in America and replace it with a government-dominated economy.
This segment of Whats Ahead lays out how whats happening with autos is a prime example of modern socialism, whereby socialists obtain their goals not by nationalization of companies but through regulation. In this case, auto manufacturers must go all-out for EVs, even though theres no credible evidence that getting rid of fossil fuels will save the planet.
Moreover, most buyers dont want EVs. Modern socialists, nonetheless, are ready to force this unwanted, expensive transformation on them.
Automakers are not alone in this lethal coupling of commerce and big government, as chipmakers, banks and others are discovering.
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"Welcome To The Unsustainable Folly Of Modern Socialism": Steve Forbes Torches Biden's EV Push - Forbes
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