“One of the hallmarks of the Soviet System was top-down central planning – with ‘incentives’ provided by the government. Natural market mechanisms were crippled. You got what the government decided you needed – at whatever price the government decided was appropriate. The result – back then – was the Trabant and Lada. Today, the result is electric lemons like the Tesla and Chevy Volt and Honda Fit EV.  GM just announced it will drop the price of the 2014 Volt by $5,000 – to $34,995. This is before GM’s partner – the government – cuts the price down by another $7,500 via a taxpayer-funded individual  subsidy.”

http://ericpetersautos.com/2013/08/07/short-circuiting-the-market/

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