Last week, I wrote about the new fuel economy standards the Obama administration is preparing to propose that would effectively mandate what type of cars Americans have to drive.
The New York Times reports that the auto industry is busy pushing for handouts from the federal government in exchange for accepting new fuel standards:
It’s pretty clear where this is going. The Obama administration wants to raise fuel economy standards to satisfy the environmental lobby heading into an election year so he’s imposing new regulations, but to get the automakers to swallow the changes, he’ll have to offer them various subsidies. In the end, consumers will be punished with less choice and lighter/more dangerous cars, while taxpayers will help to pay the bills.

