Reply #9: If you believe that the sum of the problem [View All]

[Fovea]

is that not enough people are buying cars.

The current oil price is a canary in the coal mine.
When the world economy starts rolling upward, look for gas
prices to leap ahead of demand.

Any solution that decreases energy independence throttles the infant in the crib.
While the new cars may be more fuel efficient, though without the draconian requirements of a federal bailout I dont see that happening,
the net effect on the economy would be to spike fuel demand.

As I have said since the beginning of this mess, the big three need to be set to making high speed passenger rail everywhere, before we climb back up on the
oil consumption merry-go-round. Because the merry-go-round stopped being fun a decade or three ago, and we just keep turning up the speed.

We simply have to change rides now if we want to keep the economy from throwing up in our lap again.