Obama's First 100 Days
April 30th 2009 16:25
Last night, Obama addressed the country, unfortunately interrupting Scrubs, to give a "status report" on his first 100 days in office. Particularly interesting was Obama's thoughts on the Chrysler situation:
First off, why is it that America has to design hybrid cars? If American consumers can buy them cheaper from Japan, then, doggone it, let them. If it would be profitable for American automakers to produce and sell hybrids (i.e. American consumers want to buy them), then the Big Three would make them. However, the longer that the Obama administration continues to fork over billions and billions of taxpayers' dollars to the car companies, the longer that any of them will start to do what is profitable.
What?!?!?! That is definitely not your job!
For those of us who do not want the government "meddling in the private sector," it does not matter one bit whether or not Obama enjoys telling Chrysler what to do, allowing mortgage contracts to be rewritten by the courts, writing "stimulus" bills that amount to numbers so large we can't really grasp them, etc. What matters to us is that he DOESN'T do them.
And so, you know, we've got to strike a balance. I don't want to be -- I'm not an auto engineer. I don't know how to create an affordable, well-designed plug-in hybrid. But I know that, if the Japanese can design an affordable, well-designed hybrid, then, doggone it, the American people should be able to do the same.
First off, why is it that America has to design hybrid cars? If American consumers can buy them cheaper from Japan, then, doggone it, let them. If it would be profitable for American automakers to produce and sell hybrids (i.e. American consumers want to buy them), then the Big Three would make them. However, the longer that the Obama administration continues to fork over billions and billions of taxpayers' dollars to the car companies, the longer that any of them will start to do what is profitable.
So my job is to ask the auto industry: Why is it you guys can't do this?
What?!?!?! That is definitely not your job!
So I just want to help them get there. But I want to disabuse people of this notion that somehow we enjoy, you know, meddling in the private sector, if -- if you could tell me right now that, when I walked into this office that the banks were humming, that autos were selling, and that all you had to worry about was Iraq, Afghanistan, North Korea, getting health care passed, figuring out how to deal with energy independence, deal with Iran, and a pandemic flu, I would take that deal.
For those of us who do not want the government "meddling in the private sector," it does not matter one bit whether or not Obama enjoys telling Chrysler what to do, allowing mortgage contracts to be rewritten by the courts, writing "stimulus" bills that amount to numbers so large we can't really grasp them, etc. What matters to us is that he DOESN'T do them.
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