Wednesday, April 01, 2009
A Modest Proposal
by Tom Bozzo
Were this Larry Summers's blog, you'd have to watch out for the date.
If the Detroit automakers are, as it appears, to shrink their way into longer-range viability, why not exercise some planning muscles to match unemployed auto engineering and production resources with capacity-constrained domestic auto startups (e.g. Tesla, Fisker, Aptera) that would offer the sort of advanced, efficient, and baggage-free products Obama auto industry policy says it wants to promote? Sure, it's "industrial policy," but let's face it: that cow is out of the barn, through the fence, and off grazing in the next county.
Were this Larry Summers's blog, you'd have to watch out for the date.