Chevy Volt: Flagship Model of U.S. Industrial Policy

If you build it, some might come.

President Obama recently reminded General Motors‘ stockholders, all 311 million of us, that he’s calling the shots at America’s largest automaker, when he told an audience in Cannon Falls, Minnesota, that freedom to market was the price for the bailout: “If we are going to help you [GM], then you have also got to change your ways.” And then he stated the ways: electric cars, and isn’t it great that jillions of taxpayer dollars are being thrown at battery manufacturers?

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