
Obama dismisses fuel tax holiday, blames SUVs for Detroit 3 woes
Presidential hopeful Senator Barack Obama has slammed pleas from opponent Hillary Clinton to grant a summer
holiday from federal fuel taxes. Obama defended his position, stating that America's dependence on foreign oil was the product of a greedy domestic auto industry and reducing the tax will continue the downward spiral of the American economy.
Throughout his campaign, Obama has faulted Detroit carmakers for trying to maximize profits without looking to the future, citing that the Detroit 3 were eager to take advantage of SUV sales without doing enough to research or promote fuel-efficient technologies - technologies which are currently benefiting the Japanese manufacturers greatly, while the U.S. auto industry struggles.
While Senator McCain and Senator Clinton are both in favor of a gas tax break - McCain is proposing payment of the tax at government expense, while Clinton is pushing for oil companies to fund the shortfall – Obama has dismissed the idea, saying it would save very little money for motorists, reports
The Detroit News.
While Obama was not hesitant in pointing out the lack of foresight of the auto industry, Clinton has taken a more diplomatic approach in the hopes of not offending the auto industry and its significant workforce. The common theme between both Clinton and Obama is their stated commitment to much more stringent federal fuel-efficiency standards. Whether Obama's take-no-prisoners policy or Clinton's more soft-hearted approach appeals to you, at the end of the day their goals remain similar.
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By Renton Posted: 5/5/2008 11:57am PDT
The other two candi-tards are pandering and selling crap.
By Gus Posted: 5/5/2008 12:07pm PDT
No thanks.
By Turkle Posted: 5/5/2008 1:20pm PDT
Hillary and McCain are definitely pandering to voters, I hope most people can see this as being obvious.
By James Posted: 5/5/2008 1:23pm PDT
Obama (all of them really) also don't know thing one about building a car. Even if Detroit was prescient and could foresee the future of gas prices, which obviously they can't, it will still take them a minimum of two years to build a new car and that quickly only if they raid the parts bin liberally; an all-new, more advanced (read, more efficient) product will take still more time.
I can hear it now: What about diesels??? Still more government action has prevailed as our emissions standards were too stringent for diesels to match until recently. Even so, it has taken still more technology (urea injection) to solve this problem, as diesels are just too dirty for California's regulators. What about the small cars Ford and GM sell in Europe? It still takes some time to federalize these cars --if at all possible-- to meet US regulations; otherwise, the Saturn Astra would have come a lot sooner. Remember, it took GM 18 months to federalize the Aussie-built Pontiac GTO.
As for the fed gas tax funding the Highway Trust Fund to build and support the national infrastructure, if only that was true. Congress has been raiding it like thieves and using for other purposes... no wonder it's running low. Even though suspending it is, on paper, stupid, any time we pay the gov't LESS tax that's a good thing.
By lexlife Posted: 5/5/2008 10:33pm PDT
By NaBUru38 Posted: 5/11/2008 6:04pm PDT
But am I allowed to agree with Obama that "the Detroit 3 were eager to take advantage of SUV sales without doing enough to research or promote fuel-efficient technologies"?
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