Thursday, December 11, 2008

A bad idea

Granted, O.C. Welch is resorting to hysterics to sell his cars and is now openly questioning the intelligence of the American consumer who, oddly enough, desires a fuel-efficient car that doesn't require as many trips to the service shop over his line of Ford products.

This, to me, is why the argument against the proposed bridge loan program for the American auto industry and for tax incentives for consumers to buy the existing stock of G.M. and Ford vehicles doesn't add up. If you incentivize the purchase of these cars, you're not addressing the real problem. All you're doing is encouraging people to buy bad cars, thus prompting them to keep making said bad cads, rather than provide the necessary restructuring of the industry.


Post a Comment

<< Home