In a speech to the Economic Club of Detroit, Obama rated American Automakers as deficient in creating energy efficient vehicles. He said Japanese Automakers have done more to advance efficient technologies and to curb the industry's thirst for oil. Obama criticized the automobile lobbies for impeding efforts to make cars more efficient.
“For years, while foreign competitors were investing in more fuel-efficient technology for their vehicles, American automakers were spending their time investing in bigger, faster cars, and whenever an attempt was made to raise our fuel efficiency standards, the auto companies would lobby furiously against it, spending millions to prevent the very reform that could’ve saved their industry."
As part of his plan, Obama proposed high fuel economy standards, increased tax credits for buying green cars, and government subsidies so automakers can pay health care expenses.
His health proposals are in line with previous comments regarding his soon to be proposed health care plan. So far he has said that his plan would utilize federal subsidies for uninsured Americans, like autoworkers, and provide universal health care by 2012.
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