The space shuttle Endeavour lands at Naval Air Station Joint Reserve Base, Fort Worth, Texas atop a modified Boeing 747. The shuttle is en route to Kennedy Space Center, Fla. after a Nov. 30 landing at Edwards Air Force Base, Calif. U.S. Navy photo by Mass Communication Specialist 2nd Class D. Keith Simmons (Released)
The engineering involved in making the ride back east is absolutely amazing. If we have the capability accomplish this complicated task certainly we can teach Detroit how to make a car. In the meantime it seems we are all set to bailout Motown. Congress is going about this bass ackwards. Who came up with the bright idea to prop up manufacturing capacity when nobody is buying? If we are going to subsidize anything here we should be subsidizing Joe Public’s ability/desire to purchase what Detroit is making. Why do the Big 3 need a bailout?
Because people stopped buying cars.
This, unlike the technology pictured above, is not rocket science. Do it in the form of a government funded rebate or a tax credit. Don’t just hand the manufacturer a check – we’ll have to mint a new phrase: industrial welfare. Remember what AIG did with the money.
Did I mention that boat, RV, and aircraft manufacturers have come upon hard times as well? I’d be more than willing to pull my share of the stimulus package given the proper incentive!
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