Friday, March 27, 2009

So What Do You Do When The Auto Market Is Hurting

Have the government raise fuel standards for the first time in 20 years of course!

3 comments:

Anonymous said...

Wisdom. The state is so wise.

Anonymous said...

"The Bush administration had proposed regulations last year that would have raised the standards to a combined 27.8 mpg in 2011, requiring passenger cars to meet 31.2 mpg and light trucks to hit 25 mpg that year. The plan would have cost the auto industry nearly $50 billion."

So the Obama administration is actually relaxing what Bush had proposed last year.

Why no outrage over what Bush had proposed? I'm sure the liberal media gleefully reported Bush's clear hatred of the auto industry at the time. That was sarcasm by the way.

Diatribe said...

I disagree with Bush on this one (for that matter I disagreed with Bush on a ton of stuff). You cant force a product on consumers and hope for the business to be successful at the same time. Markets determine this stuff not government. Totally frustrating. The government is telling a private business that is failing economically to go further into debt by spending more money to make cars more fuel efficient which customers are not necessarily looking for or otherwise these car companies would have done it already. It makes no sense.