In the latest bit of evidence that the Obamacar is destined to become the Hoovermobile, General Motors is suspending production of the Chevy Volt for five weeks. During that time period, 1,300 employees will be laid off. The federal government was expected to spend at least $2.4 billion in taxpayer funds to promote the hybrid electric car.
The problem? Despite subsidies from Washington and the Michigan state government, not to mention GM’s TARP-funded bailout, the Volt isn’t selling well enough to be viable. Or, as a GM spokesman delicately put it, “we are still seeking to align our production with demand.” Not even a Clint Eastwood-narrated commercial can get people to buy it.
