This is why Democrats shouldn't be in charge of the economy.
GM loses $49k on every Chevy Volt.
That's all well and good till you realize the company is losing OUR money as based on the deal to save GM the federal government owns a big chunk of the company.
"I don't see how General Motors will ever get its money back on that vehicle," countered Sandy Munro, president of Michigan-based Munro & Associates, which performs detailed tear-down analyses of vehicles and components for global manufacturers and the U.S. government.
A normal company would cut its loses and stop producing the car. Sadly for General Motors, this is not a normal company, it takes its orders from Washington DC, who doesn't mind wasting taxpayers money.
But, hey, if it keeps union workers employed so that unions can give money to Democrats to raise taxes from taxpayers and give the money to unions, etc., etc., it's all worth it.























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