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Week of November 16, 2008 - November 22, 2008

Enough with the Handouts


Rather than giving the auto industry handouts or loans, how about contracting them to rebuild America's infrastructure. Starting with replacing every vehicle in the government's fleet with electric or hybrid vehicles. 

The result: The industry makes money producing the new vehicles. Jobs are created. Carbon emissions go down. Gas prices plummet. The new market gives the industry a greater incentive to invest in R&D for electric vehicles. American car companies start building electric cars that people want to buy. Sales increase. More jobs are created. Gas prices plummet further. Ad infinitum.

The economy is restored. Problem solved.
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