According to the Washington Post, EV charging stations cost US taxpayers $1 billion. However, after two years, only seven chargers and a meager 38 parking spaces have been built out of the allocated $7.5 billion.
This is what people mean when they complain about paying taxes and the government being the worst conceivable capital allocator: After two years and $7.5 billion in funding, just seven charging stations in four states have been created for electric vehicles.
According to the Washington Post, Biden signed the Bipartisan Infrastructure Law in November 2021, allocating $7.5 billion for EV charging. Five billion of these dollars were distributed to the states as "formula funding" for the National Electric Vehicle Infrastructure project, which aims to build a rapid charger network beside major highways.
There are currently seven chargers and a meager 38 parking spaces. Come on, you know the outcomes have been terrible when the Post calls it out.
The Post further st...
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