Comment on GM cuts thousands of EV and battery factory workers | TechCrunch

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Soup@lemmy.world ⁨1⁩ ⁨day⁩ ago

Yes and no. Sometimes government aid is a good thing. Public transit is a good example of something that should actually be free because of the returns it gives in taxes. The issue is that corrupt governments are subsidizing profits and trying to help the companies when they should be simply aiming for the betterment of society. I don’t care if GM goes down, they’re awful, but I do care if hospitals and clinics can’t stay open because they’re providing their services for free.

Subsidies to get people onto renewables as soon as possible are good things but not if companies just raise the price by the amount of the aid.

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