Everyone likes to get money from the government, unfortunately that money has to come from somewhere, and everyone with a taxable income knows where that is. The government has always taken it upon themselves to take money from many, an channel it to a few by way of government subsidies. Whether it be for a crop that lacks market value to sustain itself, or a certain type of vehicle that the government wishes to press upon the nation, it seems the feds are always interfering with the free market economy.
Two of the largest (by way of media attention) government subsidies that are sneaking there way into federal tax plans of the next term are for hybrid vehicles and corn for ethanol. Barack Obama supports both of these subsidies, and the average American looks at this and thinks, "Wow, Obama really cares about our environment and wants to reduce our dependence on foreign oil." This is crap, what the American should be thinking is, "Barack Obama is trying to change the face of American economics, and bail out auto companies who lacked the forward thinking to create vehicles with reliable fuel economy when the rest of the world was reading the signs." Detroit has been behind the times before, when the gas crisis hit in the 70's and Americans turned to fuel efficient Japanese vehicles for the first time. This crippled the car market in North America for decades to come. Because Foreign auto makers had gotten a 5-10 year jump on America in terms of efficient cars, American auto makers were forced to play catch up, the result being the shoddy piles of crap that Detroit put out in the 80's and into the early 90's.
Somehow American automakers survived, actually they survived due to America's love for trucks. Detroit limped by because no matter how they got their asses kicked in the car market, they always had their trucks to fall back on. Unfortunately this time, their trucks are not bailing them out, because they decided to take Americas love for trucks, and make large SUVs to go along with them, completely ignoring the Japanese car companies, which were creating hybrids ten years ago, and European manufacturers, which were creating fuel efficient diesel vehicles, which come close to matching the performance of sports cars (A side note, the American LeMans Championship manufacturer's cup was won this year by Audi, which was racing cars fitted with V-10 turbo-diesels).
What did America do, ignored market trends and decided they knew what Americans wanted. Now they are all but bankrupt, and a decade behind Japan and Europe in making fuel-efficient vehicles. This is where Obama wants to come in. He wants to give subsidies to Americans so that we will buy the more expensive, less reliable, American hybrid cars, so that Detroit can keep its shirt. Frankly, that's Bullshit. I am going to buy whatever car I feel is best, and I don't want my tax money being spent so that bad business men can turn a profit. Let Darwinism reign through a free-market economy. The economics are quite simple, if fuel is expensive, people will buy fuel-efficient cars, and those companies which make the best cars will have the highest sales. It is time for corporate America to stand on its own two feet, say "NO" to government subsidies.
Monday, October 20, 2008
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1 comment:
i love you.
get out of my head!
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