Stumble Joe wants the federal government to install 500,000 electric vehicle charging stations costing as much as $260,000 each. Putting cost and environmental issues aside, it is a dubious boondoggle.
To begin with, private industry has already installed almost 100,000 charging stations, according to the web site statista.com. As technology and methods improve, private industry can certainly continue the installations, and will do so more efficiently than any federal program.
Equally concerning is the question of equity. Currently, EVs are disproportionately owned by high-income earners, such that the benefits of the charging station program will flow disproportionately to one segment of society at the expense of another.
Put another way, EV charging stations do not meet the definition of a public good because they are rivalrous, meaning some people will enjoy the benefit while others will not.
Finally, the are signs of conflict of interest and crony capitalism in the program itself, as the FPM article details.
Bottom line: Why should government do what private industry can do on its own?