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Posted by XenokRoy 11 years, 3 months ago to Economics
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Our Government Sucks,

GM was working on this and had prototypes in test markets back when Bush was in office. There go to market year as slated to be 2012. Then the government took over, killed the hydrogen fuel cell cars in favor of the electric car, the volt. The fuel cells were clearly a superior technology, but we went with the volt.

If government had stayed out of the way GM would have beat Toyota to market by 2 years. What a shame, many US jobs will be lost due to this snafu of the choice of the government ran GM.


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  • Posted by 11 years, 3 months ago in reply to this comment.
    I have to think that big oil tax money is what the government was attempting to maintain when they took over GM, fired Rick Wagner as CEO and shifted away from the fuel cell. Perhaps the Japanese government is not so short sighted.
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