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Originally Posted by furloughfuntime
Did you read the article? Biden halted new leases on federal lands and announced his intention to buy electric vehicles. How is that a "slash and burn approach" or "meddling in major economic sectors"? I am trying to understand. The very fact that oil companies are allowed to lease federal lands shows that the federal government is not trying to destroy the industry. Would it also be meddling if the government bought cars with internal combustion engines? I don't see how this is slash and burn, but I guess we may have different definitions.
The potential problem is the direction it's heading. For example CA has already banned internal combustion engine automobiles in the future.
I don't care if the government opts not to buy IC cars, that's their prerogative, and part of market forces. The problem is when they tell the rest of is that we can't.
BTW, if you don't have a technical background, airliner engines are all IC, and there's no remotely practical alternative to that for 90-99% of airline ops... you might just be able to run very small, short range regional prop planes on batteries. But anything with much more than 20 seats is going to be economically infeasible.
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Originally Posted by furloughfuntime
As far as the threat to pilot's jobs, that's just more fear-mongering. Nothing Biden has suggested could lead a reasonable person to believe that.
I actually would have agreed with you, until a day or two ago. CDC considering covid testing mandates for domestic travel should be rather alarming for the bottom 95% of airline seniority lists.
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Originally Posted by furloughfuntime
Creative destruction is part of technological change and innovation, and it's necessary. If you want them to "build the new system" so people can transition, that's exactly what these subsidies are for. Help a burgeoning industry gain its footing while we move to a more sustainable model.
You can't really complain if human progress and market forces make you obsolete, that's the breaks.
What makes people insanely angry is when their jobs, careers, lifestyles and futures are specifically targeted by the government for liquidation. POTUS is not the only politician in DC, I'm talking about the AOC/squad wing.
If government's going to go there, they need to make it smooth and relatively painless, and that's not going to be cheap.