Tuesday, July 26, 2011

White House Proposes Changes to Fuel-Economy Targets - WSJ.com

ANOTHER ANTI-BUSINESS, ANTI-MARKET, ANTI-INFRASTRUCTURE, PRO-DEFICIT POLICY FROM THE WHITE HOUSE: White House Proposes Changes to Fuel-Economy Targets - WSJ.com

Is the president a joke or a joke.

Here he has a huge deficit and, true to his socialist (ne: communist) leanings, rather than put in a gas tax and let the market determine the best technology for cars going forward (and, there is no clearcut superior technology and many on the drawing boards), he hews to his big-command-government-we-know-better philosophy and tries to dictate mileage standards with lots of government-determined technology bennies.

Meanwhile, he foregoes all the revenue a gas tax could bring in to both reduce the deficits, pay for needed infrastructure improvements and let the market decide on what course to pursue in the development of new technologies.

This president pursues one failed policy after another. No wonder jobs are wanting.

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