From the "Since you asked" file.
Josh Hammond ponders proposals for an auto industry bailout…
Shouldn’t there be strings, no make that chains, attached to a bailout? Shouldn’t Congress, and Obama, insist on none of the money going to SUVs and that all cars and trucks meet higher fuel standards in five years? Shouldn’t there be an incentive clause to increase fuel efficiency in less than five years? Shouldn’t the money be spent on retooling and not on marketing?Since you asked, yes, at the very least.
This is an opportunity for an industry to reboot for the 21st century. If they're willing to do that, the nation should support their efforts. Nothing, though, for business as usual.
Labels: Auto Industry, Bailout, Barack Obama, Congress, Economy, Energy Policy
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