Michigan Gov. Jennifer “Stay the Course” Granholm recently said comments by Rush Limbaugh were un-American because of things he said about the $41,000 “green” jobbin’ Chevy Volt. It’s a short video so you don’t have to watch very long before she lies about how Government Motors has repaid its loan:
I erred yesterday, I said federal workers don’t make anything, they do, they manufacture the Volt. If the Chevrolet Volt does not sell, nobody will lose their job because of it. Instead the rest of us will be taxed to pour even more money into it because Obama will not be allowed to fail. The Volt is Obama. I mean, he didn’t originate the thing, it predates Obama’s arrival, but he has put his stamp on it. The Volt is the sign of Obama’s future, the future Obama wants. If it doesn’t sell we’re going to be taxed to spend even more money on this thing to make it look like it has succeeded. The reason that it’s not market oriented, it’s directed by political forces who embrace a failed economic plan.
In the private sector, if you come up with a multibillion-dollar lemon, you suffer the consequences, you go out of business. You lose your job, you declare bankruptcy and, blah, blah, blah, blah, and the government keeps some of that money. They keep trying to force their way. The private sector recoups, rearranges, changes course, and responds to the market.
Hat tip: Planet Gore’s Greg Pollowitz.
Update 12:05 p.m.: My Mackinac Center friend Michael LaFaive called my attention to Granholm’s accusation of “treason” five years ago against a state representative and a Hillsdale college professor for co-writing a Wall Street Journal op-ed that criticized her tax-raising policies.
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That’s right, the Grinch (Joe Biden) is coming for your pocketbooks this Christmas season with record inflation. Just to recap, here is a list of items that have gone up during his reign.
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