'President Joe Biden’s administration seems intent on micromanaging the basic aspects of how the public buys homes and cars. So, perhaps it’s time we started calling Uncle Sam by his real name: Nanny Sam.' -Brendan Clarey
governing housing loans fees will also make it more expensive for those with good credit scores and down payments to finance a new home in order to pass that money to someone with a lower credit score.
And then you see Nanny Sam looking at your faithful four-cylinder sedan with a disapproving look in his eye. The federal government must use a carrot-and-stick approach to coercing auto manufacturers into entering the electric vehicle-only market through rebates and mandates, he concludes.its proposal earlier this month to make gas-powered cars the minority of new cars by 2032.
New electric vehicles are generally not cheap, and the ones that are have limited range, said Jason Hayes, director of energy and environmental policy for the Mackinac Center for Public Policy. Hayes said the EPA’s proposed rules would flip the free market on its head by demanding that vehicles are electric-powered instead of fitting into consumers’ lives.
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