06-26-2009, 04:03 PM
Quote:That the government had a secret plot to make them unviable and drive them out of business?Did you read Obama's book? He wrote, <blockquote>"Take the issue of fuel-efficiency standards. Had we steadily raised those standards over the past two decades, when gas was cheap, U.S. automakers might have invested in new, fuel-efficient models instead of gas-guzzling SUVsâmaking them more competitive as gas prices rose. Instead, weâre seeing Japanese competitors run circles around Detroit. Toyota plans to sell one hundred thousand of their popular Priuses in 2006, while GMâs hybrid wonât even hit the market until 2007. And we can expect companies like Toyota to outcompete U.S automakers in the burgeoning Chinese market since China already has higher fuel-efficiency standards than we do.
Okay, but I don't think they'll believe me. Heck, I don't think I'd believe me.
The bottom line is that fuel-efficient cars and alternative fuels like E85, a fuel formulated with 85 percent ethanol, represent the future of the auto industry. It is a future American car companies can attain if we start making some tough choices now. For years U.S. automakers and the UAW have resisted higher fuel-efficiency standards because retooling costs money, and Detroit is already struggling under huge retiree health-care costs and stiff competition. So during my first year in the Senate I proposed legislation I called âHealth Care for Hybrids.â The bill makes a deal with U.S. automakers: In exchange for federal financial assistance in meeting the health-care costs of retired autoworkers, the Big Three would reinvest these savings into developing more fuel-efficient vehicles.
Aggressively investing in alternative fuel sources can also lead to the creation of thousands of new jobs. Ten or twenty years down the road, that old Maytag plant in Galesburg could reopen its doors as a cellulosic ethanol refinery. Down the street, scientists might be busy in a research lab working on a new hydrogen cell. And across the way, a new auto company could be busy churning out hybrid cars. The new jobs created could be filled by American workers trained with new skills and a world-class education, from elementary school to college."</blockquote>He clearly has a plan in mind for transforming the nations auto industry. As the chairman of the board of GM, Obama is now in the position to do that.