The Obama CAFE standard will be the final nail in the coffin for the American Automobile Industry and Obama will go down in History as the President who destroyed capitalism, brought socialism to the United States and kept this country in the throws of a second great depression for decades.
Obama claims this new standard 35.5 MPG and lower carbon emissions will help "FIX" global warming. Now I am not here to debate global warming. It is way to early to know, more and more scientist are coming on board everyday saying global warming models may be flawed. If you want to do research for yourself on the quality of our air. I would suggest going to the Library of Congress Photo Archives. Do a search on any major city circa 1900 and pull up the photo, You will find you cant see much of the city because the air quality was so bad. Air quality today is so much better!
Obama is creating an grand experiment and you and I the taxpayers are expected to pay for it. Obama is a big proponent of ethanol, yet we are now learning that ethanol may cause more hard than good and cause the further erosion of valuable rainforest which is being deforested.
Obama says the technology is there to bring this forth., yet Obama own auto task force came to this conclusion about the Chevy Volt:
"The task force threw cold water on one of GM's biggest efforts to move in that direction. In assessing the viability of GM's restructuring plan this spring, the panel said that although the electric-powered Chevrolet Volt "holds promise, it will likely be too expensive to be commercially successful in the short term."
So while intellectual theory is nice, in the "real world" , something Obama knows nothing about, you and I the taxpayer have to deal with the real world cost of Obama's grand experiment.
American Auto manufacturers are already at a economic disadvantage . US automaker LOSE money on every car they sell because of the high labor costs and pension plans. So we are already at a disadvantage and Obama wants to add an additional 1300 to the cost of a new car by 2016 which will put us at a greater disadvantage. In the Obama "fantasy world" we will all be driving little Smart cars. We have all seen what a Smart car looks like after its been hit.
The last time our government had a knee jerk reaction to fuel standards we were given such wonderful engineering marvels as the Vega, Pinto and Gremlin. It takes time to retool and redevelop, putting automakers under this new standard will further cripple an industry that is on the edge of a cliff. You can't rush engineering, you can't rush retooling and you can't rush retraining to build new models. But Obama doesn't care, he just wants you to pay more to help him realize his own person "vision".
He wants you to pay 3000 a year more for energy , the result of Cap and Trade, he wants you to pay more for your car, CAFE standard and if you don't buy these new cars that get better gas mileage he will likely slap a huge tax on gasoline to "force" you to drive less. Doubtful many will be able to buy a new car by 2016 as few will be employed at the rate we are going.
This is looking less and less like "change'' and more and more like EUROSOCIALISM. The United States is under attack and unfortunately it is our own president who is leading the charge against the United States. I hope all you unemployed UAW members who voted for Obama are happy with your choice.