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Bush may have left a rotten legacy behind but if he does rescue the automative industry for now, he can at least claim that he is not another Herbert Hoover. I suggest that he is going to kick the can down the road and let Obama deal with the heavy lifting.
If Obama has the brains he seems to have (thank goodness), he and his Secretaries of Labor and Commerce can work out a set of conditions that include fuel-efficient and smaller cars, fewer dealerships, an equitable labor contract and health care reform. Working with the awesome intellect who has been tapped as Energy Secretary, we could have a trasnformational industry within four years producing cars that are both nice to drive and kind to the environment.
Health care costs are probably most crippling for the automobile manufacturers. In almost every other industrialized country, there is some kind of univeresal health care that is not piled on the manufacturing sector. We should have the same thing.
