A parking lot

I have a different approach to bailing out the American auto makers. While Obama’s administration is busy throwing good money after bad, the big three are still laying off folks and those that are lucky enough to retain employment are hard at work making vehicles that no one can afford to buy, therefore they will sit in the parking lots of auto dealers who will dust them off weekly.

I propose rather than throwing billions at the big three auto makers, the Obama administration issues vouchers to each American family. Limit one per family.

This would be beneficial in a multitude of ways.  First and foremost, the vehicles being made would not sit in a dealership parking lot they would be “sold” to the American public and dealerships would be reimbursed by Uncle Sam once presented for payment.

It would also be beneficial in that many energy inefficient autos would be off of the roads, replaced by fuel efficient, green vehicles.

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Technorati Tags: America, auto industry, Automobile, bailout, Buy American, Economic, Protectionism

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