If you got strong Marie Antoinette vibes from Pete Buttigieg’s House testimony yesterday, his appearance today on CNBC’s Squawk Box will amplify them considerably. The Transportation Secretary told Rep. Carlos Gimenez (R-FL) that the more we experience “pain” from high gas prices, “the more benefit there is for those who can access electric vehicles.”

Gimenez was left agog at that statement, which Buttigieg then turned into a pitch to subsidize the purchase of EVs, which cost significantly more than internal-combustion vehicles. Gimenez nearly choked on Buttigieg’s claim that subsidies lower actual cost:

REP. GIMENEZ: But you’d agree that the higher the price of gas, then the faster you reach that parity?

BUTTIGIEG: Of course. The more pain that we are all experiencing from the high price of gas, THE more benefit there is for those who can access electric vehicles. That’s why we’re hoping you and your colleagues might reconsider opposing the reduction of UV upfront prices with tax credits.

GIMENEZ: So, you’re saying, the more pain we, have the more benefit we’re going to get? I think that’s what I heard you say. You said the more pain —

BUTTIGIEG: That’s what you heard me say?

GIMENEZ: That’s what I heard you say.

BUTTIGIEG: I know you want me to say it so bad. But honestly, sir, what we’re saying is that we could have no pain at all by making EVs cheaper for everybody. And we would love to have your support on that.

GIMENEZ: Make EVs cheaper by subsidizing them?

BUTTIGIEG: That’s part of it.

GIMENEZ: That doesn’t make them cheaper.

BUTTIGIEG: Well, actually, it does.

No, actually, it doesn’t. It just transfers part of the cost to taxpayers, as it has all along. The federal government has subsidized electric vehicle purchases through tax credits for years, and in fact still does, up to $7500 per vehicle purchased. Even with that substantial subsidy and all sorts of policy and cultural pressure to support that industry, it’s still more expensive to buy an EV.

And the big message from this exchange, of course, is that Buttigieg and Joe Biden are driving up the cost of gasoline deliberately — or are at the very least cheering it. They want gas to go up in price rapidly to force people away from grid-independent vehicles, despite the fact that we’re also restricting the fuels that give us the most elasticity in electricity production: oil, natural gas, coal, and nuclear power. The “incredible transition” is a deliberate policy choice, just as it was in the Obama administration, to punish Americans who refuse to trust their mobility to an electrical grid that’s already unable to keep up with the current demand (pardon the pun), let alone the drain that will take place when the EVs start getting connected in large numbers:

With consumers facing shortages of electricity, is it any wonder that they’re reluctant to plug in for their individual mobility choices? It is to Buttigieg, who proclaimed himself “astonished” that Americans won’t choose the Biden administration’s “incredible transition” over the status quo, even with higher gas prices:

I’m hardly astonished at Buttigieg’s astonishment. He’s in the same Acela-corridor bubble as Joe Biden, Barack Obama, and others who think that policy-driven punishment will be blithely accepted by the masses. It didn’t work in Obama’s administration and it certainly didn’t last, as Trump reset energy policy back to a rational basis and ensured a rational price for gasoline — even while the subsidies for EVs remained in place.

If people want EVs, they’ll buy them. I’d consider buying one myself, if it wasn’t for the fact that the same elitist officials that want to punish us with high gas prices also want to strip us of every scalable source for electricity production at the same time. When Buttigieg and Biden get serious about scaling up electricity production to meet current demand, let alone the additional demand of millions of EVs on that infrastructure, then we can discuss that “incredible transition.”

You Might Like
Learn more about RevenueStripe...