Obama discusses the Big Three automakers on Meet the Press

Articles — By on December 7, 2008 9:19 am

Highlights of Obama on Meet the Press on Dec. 7:

If automakers want to survive they better start building fuel efficient cars. But we need to keep their feet to the fire.

“If taxpayer money is at stake [for a bailout]… we want to make sure it is conditioned on an auto industry emerging at the end of the process that actually works.”

We need to “introduce a new ethic of responsibility [into business].”

And regarding the environment and energy: Focus on incentivizing efficient cars and increasing efficiency in buildings, but opposed to a fuel tax since people are struggling financially right now.

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