Obama discusses the Big Three automakers on Meet the Press
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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