Obama to America: "You are not smart enough to do math"

He may actually be right...

New CAFE (Corporate Average Fuel Economy) standards were announced today, supported by all the major players. Car companies like them because they give one single standard instead of the EPA, DOT and California all giving out different regs.

The rule dictates 42mpg for cars and 26mpg for light trucks (consumer trucks) by 2016.

Obama told the nation this would actually save us all money, as "Drivers will, over the life of the vehicle, save $2,800, on average," even though it raises the cost of vehicles. In other words: "America, you are not smart enough to figure out what balance of up front cost, performance, and fuel economy is best for you, so I am going to make the decision for you." The cynic in me says he may actually be right, but I still am firmly for consumer choice.

Anyways, its not as though we would be looking at anything different with anyone else in charge: mpgs are the order of the day it seems.

Interestingly, while both manipulate the market, the European scheme of just raising the cost of gasoline probably makes more sense, but it would have been political suicide in the US (heck, I think it makes more sense, but it would really piss me off).

Comments

Popular posts from this blog

This is just disgusting....

Top 10 Ways to Not Suck at Driving