Beltway Confidential

Trickle-down Bidenomics: Help unions by subsidizing big business

By Timothy P. Carney
Published September 2, 2023 10:05am ET
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Trickle-down Bidenomics: Help unions by subsidizing big business
President Joe Biden announced $12 billion in corporate welfare to U.S. automakers and their suppliers this week to subsidize a transition from gasoline-powered cars to electric cars. This should be understood as part of the long-term effort to ban gasoline-powered cars while insisting that they are not banning gasoline-powered cars. BIDEN’S BAD GIFT TO BIG […]


President Joe Biden announced $12 billion in corporate welfare to U.S. automakers and their suppliers this week to subsidize a transition from gasoline-powered cars to electric cars.

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Auto Industry Biden Administration Corporate Welfare