Posts tagged hourly production
As Auto Strike Looms, Biden Admin Announces $15.5 Billion For Electric Vehicle Manufacturers
September 6, 2023 // President Biden has a couple of problems. Electric vehicles aren’t flying off the lot. Autoworkers’ unions are mad at him for pushing EVs which could kill their jobs. So, what’s Biden’s administration’s solution to this two-tiered conundrum? To put it bluntly, he is now speeding up the delivery of $15.5 billion — courtesy of the U.S. taxpayers — to artificially hold up the market in hopes of appeasing his political allies.