'It’s easy to forget now that Musk has become a villain for Democrats and a hero for some of the online Right, but in the early Obama years, Musk was perhaps the face of Obamanomics.' -TPCarney
A quarter-mile long largely state-owned factory stands in Buffalo as a monument to Hope and Change. While Democrats today try to make this failure into a story about “egotistical billionaires” or a disgraced former governor , this is really a brick-and-mortar memorial to the failures of the Democratic Party’s Obama-era industrial policy.
Musk embodied the industry-government cooperation at the heart of Obama’s economic policy. Musk, like Obama, was all about subsidies, more mandates, lots of talk about the future, and stopping the rise of the oceans. The Obama administration trotted Musk out in public as the totem of its industrial policy. In 2014, Musk was the star at the annual conference of the Export-Import Bank of the United States, a federal subsidy agency that was at the time under attack from congressional conservatives and to which Obama was dearly attached. Obama had asked the business lobby in 2012 to “join the fight over the U.S. Export-Import Bank.
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