Auto manufacturers confront years of pent-up anger, the harsh politics of a recession & the realization that the votes to save them might not be there
A good summary paragraph from The New York Times:
Fiscal hawks are worried that taxpayers will lose billions. Pro-labor lawmakers are furious that union workers are being blamed for causing the automakers’ problems, even as tens of thousands face layoffs. Environmentalists like House Speaker Nancy Pelosi are fed up after years of battles over fuel-efficiency rules. And Congress, as a whole [as is the country I add], is suffering from acute bailout fatigue.
Fiscal hawks are worried that taxpayers will lose billions. Pro-labor lawmakers are furious that union workers are being blamed for causing the automakers’ problems, even as tens of thousands face layoffs. Environmentalists like House Speaker Nancy Pelosi are fed up after years of battles over fuel-efficiency rules. And Congress, as a whole [as is the country I add], is suffering from acute bailout fatigue.
posted by Sid Cottingham | 6:42 AM
1 Comments:
I have been in favor of some kind of assistance for auto makers, since so many individuals and businesses depend upon them for jobs. However, I have to also agree with many of the lawmakers. Detroit has made its bed. I don't blame the unions, but I do blame the leadership for their refusal to change. They could have been making more fuel efficient vehicles for many years instead of getting bigger and bigger. I also blame us, the buyers, for continuing to demand bigger vehicles. Detroit was pandering to us. Even the Japanese started building bigger, less efficient vehicles. The Toyota Tundra is a great example. Big V8, poor fuel milage.
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