Weekend Update, April 3
Quick takes for your weekend fun.
Productivity is good
Joe Biden likes electric cars, which the New York Times discusses thusly:
From a climate perspective, the plan makes sense. Fossil fuel emissions from vehicle tailpipes are the leading cause of planet-warming pollution in United States. Replacing gas-guzzlers on the road with electric vehicles could be one of the most effective ways to lower the nation’s emissions.
From a job-creation perspective, it’s more complicated. On the one hand, it takes about one-third fewer workers to build an electric car than a car with an internal combustion engine. On the other, the plan could make Detroit more competitive and increase its share of the global automobile market.
Mr. Biden’s proposed solution is to lure the electric-battery industry, and its supply chain, to the United States from China and elsewhere in Asia, with a mix of manufacturing tax credits an…
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