Monday, January 26, 2009

Global Change vs. the Economy

Obama pushing stronger fuel-efficiency standard

Well Obama has hit the ground running. He has already managed to get praise and piss off people in one fell swoop. He recently proposed changes to the way the auto industry makes their cars to make them more environmentally friendly (AKA green). To do this the auto industry would need to make billions in changes in an already weakened, possibly dying industry.

Now here is where we have the problem. The auto industry in the first place is one of the most corrupt industries in America today. Chopping off the head may be the only way to save them. They made this blatantly clear when they all flew to DC in their private jets to asks for money from congress. The money that flight alone could have been used to pay several employees for years, not to mention the cost of just maintaining the jets to be ready on a moments notice. So I am one all in favor of letting them sort it out themselves. But the problem again is the American people. For the most part they did nothing wrong but they are the one's getting punished. Even with all the money Congress gave to the auto giants they are still laying off tons of people (I'm sure so they don't have to lose as much, better them than us). And they are still in threats of failure. What did the hard working line worker do to deserve this? It is probably all his fault to end up in a declining job market and be put on the butcher's block because some individuals desire to do whatever they please.

But if they fail, others will. We are a country and a society that is built upon itself so much that like jenga, you take out the wrong blocks and the whole thing could fail. I was just told that if AIG went under then I would not have been able to come into work since they supply my company's insurance. It's insane that a company I had nothing to do with would hinder my being able to get a paycheck. The same could be said for almost all the mega-companies. So unfortunately they need to stay afloat - but at what cost to the "little man"?

So to finish I can just say that I commend Obama for enforcing greater restrictions, unfortunately it may be at an inopportune time. And I can say for certain I will likely never buy an American car again, at least not until they clean up their act.

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