4 ms·
Another way to look at it is to see the subsidy as an investment by the govt. and then calculate the ROI on that investment. As long as it's above 0, it should
by kumarvvr 8y ago
Another way to look at it is to see the subsidy as an investment by the govt. and then calculate the ROI on that investment. As long as it's above 0, it should be ok.
With subsidized electric vehicles, there are huge savings in terms of cost of imported oil, new jobs created in a new industry segment as a whole, new areas of economy opened up for growth, geo-political implications in terms of more negotiating power for purchasing energy, etc.
Not all subsidies are bad, not all capitalist systems are good.