Small Car Success
Recorded on April 4, 2011
It's time for common sense; I'm Ernest Istook.
Here's some good news from America's private sector. It's making fuel-efficient cars that people want to buy. You can get 50 miles per gallon on the highway in a gasoline-powered car, for under half the price of the electric cars that government promotes.
Our government wants you to buy electric cars, subsidizing them with a $75-hundred tax credit. Consumers are not convinced. Chevrolet's new high-mileage car is outselling its electric car by 50 to 1. Yes, 50 to 1.
These new high-mileage cars are small, not big SUV's, and they were created to help meet fuel efficiency requirements. They're selling well because they satisfy what people want right now, rather than responding to a government effort to get rid of the gasoline engine. They're a success for the private sector, not for government.
For common sense, from The Heritage Foundation, I'm Ernest Istook.