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IPFS News Link • Transportation

Driving Us Out of Cars – Again

• https://www.ericpetersautos.com, By eric

One reader sent in some specifics that show how it's being done:

"My insurance is with AARP/The Hartford and I drive about 2,500-3,000 miles a year. My 2017 Chevy Sonic has 18,200 miles on the clock. Last year, I paid $1,569 (to insure this car). This year, $2,179."

The difference between the two figures is $610 – for the same thing, over the course of one year. About a 30 percent uptick, which amounts to several times the worst estimate of how much buying power a dollar has lost over the past year as a result of giving so many tens of billions of them away to Keeeeeeeeeeeeeev and of flooding the economy with so many trillions of them, digitized and otherwise.

So it's not all the fault of the walking dead that is presented as the "the president." (Of what? is the appropriate response – as per Snake Plisskin in Escape From New York.)

Actually, it is.

The thing styled "the president" has been the front-man for this business of pushing every automaker to make EVs – and led the effort to reboot the subsidization of them. He also slyly used regulations as much as subsidies to push more EVs into circulation. Automakers don't have to make EVs; they just have to make vehicles that average nearly 60 miles-per-gallon. The reference is to the recent near-doubling of the current federally mandated MPG minimum that automakers must comply with – else be punished via fines transferred to their customers, in the form of higher sticker prices for the cars people want to buy.


www.universityofreason.com/a/29887/KWADzukm