Both side are guilty of this. They think that they can pass a law or issue a Presidential Order and the impossible will magically happen.
From OilPrice.com: "Biden EV order faces questions. President Biden ordered the U.S. government to switchover its 645,000-vehicle fleet to EVs made with union labor and at least 50% American-made parts. But no such EV exists yet. Tesla (NASDAQ: TSLA) is not unionized and GM (NYSE: GM) uses three-quarters imported parts. The EV order may be possible to achieve over time, but will not happen overnight, experts say." BTW who are the "experts" anyway?
Another problem: They don't care what crap like this costs either. I guess until we run out of ink, cost doesn't matter. As a future retiree myself, I fear inflation may ruin my future plan.
Have a good weekend and register for our webinar on Monday morning.
One of the problems with the Federal government
One of the problems with the Federal government
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group