The False ‘Green Jobs’ Promise – The Wall Street Journal

by | Jul 21, 2022 | Jobs

‘Folks, when I think about climate change—and I’ve been saying this for three years—I think jobs,” President Biden said Wednesday. Then why is Ford Motor Co. planning to lay off thousands of workers to fund its government-mandated electric vehicles?
Bloomberg broke the news Wednesday that the Detroit auto maker is preparing to slash as many as 8,000 jobs to boost the company’s profits to finance its EVs that are struggling to make money. Ford plans to spend $50 billion to make two million EVs annually by 2026, which is a steep ramp-up from the 27,140 it sold last year.

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