BULLDOG
Diamond Member
- Jun 3, 2014
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/——/ I’m talking about 1900, not 35 years later,FDR's depression-era National Recovery Act granted lucrative federal contracts and some subsidies to that era's auto industry.
Government investing in private business for the public good is still government investing in private business for the public good, no matter when It is done.
I think I'd like to know why private investment hasn't kicked in to make it completely viable.
Could be because it would take so long before a good return on investment without government help. The country won't lose money on a more reliable and cheaper car, but most investors are wanting a quick return, and there just isn't enough investor money to give electric cars the boost they need. Same problem Henry Ford had before we subsidized roads and fuel to make his cars more viable.
You didn't answer the question.
I don't have a complete answer. I told you what I think it could be.