I’m not crazy about it but…
Nov 12th, 2008 by Ty Davison
…if you’re gonna bail out the auto industry next, how about doing it this way (as suggested by Fractals of Change):
…The US government should order a complete replacement for its vehicle fleet to be delivered over the next four years. The new vehicles must be either plugin electric hybrid, pure electric, or possibly natural gas. Obviously retooling both at the manufacturers and suppliers is required to deliver this order so the government should be willing to prepay a significant part of it as it does for new weapons systems. That gets money into the system fast and creates/saves jobs almost immediately. It lets the suppliers retool as well as the final assemblers.
One Response to “I’m not crazy about it but…”
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This is certainly a better idea than just throwing money at the executives with no strings attached.