Steve Forbes Criticizes Biden’s EV Push in Welcome to the Unsustainable Folly of Modern Socialism
Steve Forbes, Chairman, and Editor-in-Chief of Forbes Media Corporation, has come down strongly against Joe Biden’s push for electric vehicles in the United States. In his latest Forbes Op-Ed piece, titled “Welcome to the Unsustainable Folly of Modern Socialism,” Forbes criticizes Biden’s efforts to shift the country’s transportation sector from gasoline-powered cars to EVs.
Forbes calls Biden’s EV push a misinformed strategy
Forbes argues that Biden’s plan to move towards electric vehicles is based on inaccurate assumptions and ideological thinking. The article takes a critical look at Biden’s plans to cut greenhouse gas emissions by targeting the transportation sector.
Forbes maintains that Biden and his administration have put forward policies that favor the Green New Deal and environmental activists that simply don’t work in the real world. He suggests that the president should focus on providing incentives for consumers and businesses to invest in efficient transportation, rather than forcing them to make the switch to EVs.
The economic and practical implications for the US are enormous
The article points out that the shift to EVs would be a costly and disruptive event for the entire transportation industry, from the production of cars to how they are sold and serviced. To make matters worse, the U.S. electrical grid may not be ready for the sudden influx of EVs, leading to power outages and other disruptions.
Forbes believes that the push for EVs is just another example of the Biden administration’s misguided policies, implying that these policies will lead to the decline of American economic prosperity, a lowering of living standards, and an end to free-market capitalism.
Conclusion
Forbes’ strong language and criticism of President Biden’s green energy plan to shift toward electric vehicles underscores a major disagreement between the Biden administration and the editorial board of Forbes. Ultimately, as Steve Forbes argues, President Biden’s policies are not sustainable, and they will likely cause more harm than good.
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Summary: In this controversial Forbes-opinion piece, Steve Forbes critiques Biden’s plan to shift the country’s transportation sector from gasoline-powered cars to electric vehicles. Forbes argues that the shift to EVs would be a costly and disruptive event for the entire transportation industry, from the production of cars to how they are sold and serviced. The article points out that the U.S. electrical grid may not be ready for the sudden influx of EVs, leading to power outages and other disruptions. Ultimately, Forbes contends that President Biden’s policies are not sustainable, and they will likely cause more harm than good. #BUSINESS
