I started this series about the electric car asking myself if Prime Minister Zapatero was right when he decided to spend taxpayer's money on the electric car. So far, I've concluded that electric cars aren't ready yet and that when they do, some advantages we see now will be long gone. Finally, I take a look at other examples of government spending to see if we are going to drive electric cars in the future.
My first example comes from
My second example comes from the Middle Eeast. In the 1980's, western countries told oil producers in the
At this point, I assume that spending money from taxpayers on a particular topic doesn't guarantee results. Sure, there are examples out there where government spending has been useful. But my point is that we shouldn't consider that spending as an investment, but as a bet. Unfortunately for Spaniards, Mr. Zapatero is wrong again.