USA 2020 Elections: Thread

[grarpamp]

Remember Corrupt Biden driving a Ford with glee...
Now that sound economists have debunked to net-zero
the recent US spend-pork and literally shoot-the-taxpayers bill...


Ford Hikes Price Of EV F-150 Up To $8,500, More Than Biden's
"Inflation Reduction" Subsidy

https://www.cnn.com/2022/08/09/business/ford-f-150-lightning-price/index.html

Today in both "price fixing is useless" and "your taxpayer dollars at
work" news...

In a move that can only be described as inconspicuously timed, Ford
announced last week that it is raising the price of its high end
electric F-150 by up to $8,500; an amount that adds another $1,000
onto the new $7,500 EV subsidy that was including in President Biden's
"Inflation Reduction Act". Base models are seeing their prices hiked
by $7,000.

Biden signed his "flagship" act on Tuesday afternoon.

One more time, so we're clear: a $7,500 taxpayer subsidy included in
an act named after reducing inflation appears to have spurred an even
larger price hike on electric pickup trucks.

The electric F-150 had previously been listed for $40,000 for its base
version. Now, it is priced at $47,000, according to CNN. The better
equipped versions of the vehicles have similar price hikes, up to
$8,500.

Rather than come right out and state what appears to be the obvious,
Ford said that the price change is due to "significant material cost
increases and other factors."

Other factors like...oh, say, a $7,500 taxpayer subsidized cash grab?

The automaker has made some "small improvements" to the vehicle,
however, according to the report. For example, the range for the base
model of the vehicle has moved higher to 240 miles from 230 miles. The
company is also adding a new feature called "Pro Trailer Hitch
Assist", which reportedly helps hook the truck up to trailers.

Sounds like $7,500 worth of improvements if you ask us...

And, as the report notes, Ford isn't the only automaker raising
prices. GM has also increased the price of its electric Hummer by
$6.250 - a similarly inconspicuous amount.