WSJ editorial mocks auto manufacturers getting ‘double-crossed’ by Biden admin: ‘Hard not to get a chuckle’


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The Wall Street Journal editorial board is poking fun at traditional automotive manufacturers for allowing themselves to be “double-crossed” by the Biden administration over new fuel-economy standards. 

In a Wednesday editorial, the board mocked manufacturers for trusting that the federal government would be good partners to business and described how the work they did promoting Biden’s electric vehicle (EV) agenda would amount to nothing following the Environmental Protection Agency’s (EPA) announcement of new regulations without the expected subsidies for the companies. 

President Joe Biden speaks during a visit to the General Motors Factory ZERO electric vehicle assembly plant, Wednesday, Nov. 17, 2021, in Detroit. 
(AP Photo/Evan Vucci)

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“Political theater can be more entertaining than what’s on TV. It’s hard not to get a chuckle watching auto makers get double-crossed by the Biden Administration after they worked so hard to promote its electric-vehicle agenda,” the board wrote. 

“In the latest comic turn, the Administration last week issued new fuel-economy standards that effectively mandate that electric cars make up 17% of auto sales in 2026, up from about 3% this year. That was the day after Sen. Joe Manchin rejected President Biden’s Build Back Better plan, which includes a cornucopia of EV subsidies,” it added. 

The board noted that the new rules were more aggressive than those under the Obama administration and were also stricter than the standards the EPA proposed over the summer, but were seen as achievable by the Biden administration partly…



Source : foxnews


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