Let me just send you to the account in The Independent newspaper of the UK: "America Goes Green" The title tells you a lot, but there is much more. As the article says, "Tilting at Mr Bush has become a hallmark of the Obama presidency," and today's windmill is the Bush admininstration's approach to environmental regulation of the motor industry, CAFE standards and so on.
The light touch is going away. At a time when the US auto industry is fighting for survival, this administration wants to lay whole new environmental regulatory and compliance burdens on them. I really don't believe they can bear up.
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I imagine Detroit as a little spoiled twenty something from a small town - lots of potential, but lazy, fat, and out of shape. He used to be the star quarterback on his high school team but got sidetracked in college with pretty woman and good food - and he lost his fighting spirit.
ReplyDeletewhat does he need? a good beating, and to have his back against the wall. Give him the impossible and he can accomplish it, but give him the status quo, and he will stay stuck in the mud with his bitter smile and glazed eyes.
Shock therapy and a lot of it, blood letting, and a few decapitations is what the auto industry needs. if not, it will be a slow and even more painful death.