Even the Washington Post’s editorial board can see that the Obama administration’s “green” automobile subsidies have been a failure:
Volt
Obama Proposes New Department of Corporate Welfare
Contrary to what various news outlets are reporting, President Obama is NOT proposing to cut government. The administration is proposing to take four independent federal agencies that specialize in corporate welfare – along with the Office of the U.S. Trade Representative – and combine them with corporate welfare programs at the Department of Commerce to form what I would argue should be called the Department of Corporate Welfare.