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Originally Posted by PilotMan
You can't yell at a cat because it's not a dog. So now you're advocating for State run capitalism? There's no comparison because it's not capitalism. If you want the US to swap to China's style of state run capitalism then advocate for that. But whining about one thing not being the other isn't an argument.
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What form of capitalism bans businesses at the behest of inferior businesses in return for political donations? What type of capitalism uses tax dollars for credits to make a company's product cheaper? And what form of capitalism spends billions to build up a company's infrastructure for them at taxpayer expense?
Quote:
Originally Posted by PilotMan
Also, complaining about the US not being totally committed to capitalism doesn't make it a failure either. There's a long history of government protections as well as advocating and advancing industries to it's own benefit. Again, it's a silly comparison.
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Abandoning the semblance of a free market isn't the issue here (we know American doesn't really care about that), it's turning our back on fighting climate change which was a key part of someone's Presidential campaign.
The goal of the Biden administration has been to get a $25k EV to market. It's central to their plan to see widespread adoption of EVs to combat climate change. They've offered subsidies and credits to help achieve that. It's a huge part of his landmark infrastructure bill.
But Detroit failed miserably to make it happen. China has succeeded at that and builds an EV that can meet that price point. Banning that shows he doesn't care about climate change. It was all about handouts to automakers. And this is just another bailout in a long line of bailouts for that industry. And consumers suffer the consequences having to pay more money for an inferior product.