Tag Archive | "detroit automakers"

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The Auto Bailout We Need

The Auto Bailout We Need

The automakers have come back for more taxpayer money, which is exactly what we warned would happen when the first bailout was granted last year. The restructuring plans merely represent an attempt to acheive the results of bankruptcy, with the taxpayer picking up the costs. What is needed is not more taxpayer money, but a way to make US automakers competitive again. As I said in my recent Detroit News piece, we can do that through a simple, cost-free, program that will…

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Posted in Deregulate to Stimulate, Economy, Energy, Politics as Usual, Precaution & RiskComments (1)

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Are the Golf Carts Made with Union Labor?

Are the Golf Carts Made with Union Labor?

Throughout the Detroit automakers’ bailout saga, the United Auto Workers’ leadership has claimed that the union has made enough major concessions to date, and that demands for it to make more, from company and government officials, are attempts “to make workers shoulder the lion’s share of the costs of any restructuring plan.”

If the UAW leadership is so concerned about the union’s rank-and-file bearing the costs of the Detroit automakers’ restructuring, there’s one item on which it could easily save millions for…

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Posted in Bailout Watch, Economy, Politics as UsualComments (2)

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The Real Auto Bailout: A Six Point Plan for Regulatory Relief

The Real Auto Bailout: A Six Point Plan for Regulatory Relief

Here’s what the auto companies really need - a reduction in the regulatory burden placed on them by Congress. These burdens have placed Detroit at a competitive disadvantage because a lot of them are aimed at eliminating the sort of vehicles that Detroit has proved adept at designing and marketing.

1. Repeal the CAFE requirements. They restrict consumer choice by insisting that fuel economy take precedence over safety, and impose restrictions on design that reduce the competitive advantage of Detroit automakers.…

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Posted in Bailout Watch, Energy, MobilityComments (5)

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