Save the world … buy a car … Update: Or else!

May 19, 2009 | Jim Vicevich | |

The President has outlined his new fuel efficiency standards and emissions standards and it’s gunna cost you. $1300 more per car to start. But no worries … the Pres says you will be able to pay it off in no time.

httpv://www.youtube.com/watch?v=3rDjESkP9zk

No … you are right. None of this works if gas prices go down. Then it will take longer to pay off. But as the other post points out, unless they go up no one will buy them, in which case … the technology will cost you more … as we pointed out here. So the pay off depends on gas price rising. Good bet? Not sure. But either way … you will pay more for one of these little cars … likely more than what the President estimates.

But have no fear … according to Reuters and the AP … you will be helping to save the planet. Here are a couple headlines:

Here’s the AP, click to enlarge.

ap-fuel-standard-headline

And here’s Reuters.

reuters-fuel-headline

$1300 … seems like a small price to save the world … plus … the President says you will pay it all off in no time.

Update: I am sure you are wondering about why auto companies which have fought these higher standards because of the higher costs, would suddenly jump on board … even if there’s no consumer demand. Is it Obama’s winning personality? Perhaps it’s the President’s power of persuasion? Nope … it’s cause he owns em. Politics, Chicago style>

httpv://www.youtube.com/watch?v=1ii38iwQkIk

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Jim Vicevich

Jim is a veteran broadcaster and conservative/libertarian blogger with more than 25 years experience in TV and radio. Jim's was the long-term host of The Jim Vicevich Show on WTIC 1080 in Hartford from 2004 through 2019. Prior to radio, Jim worked as a business and financial reporter for NBC30 - the NBC owned TV station in Hartford - and as business editor at WFSB-TV in Hartford for 14 years while earning six Emmy nominations and three Telly Awards.

2 Comments

  1. JohnK on May 19, 2009 at 5:21 pm

    General Motors is dead.  Long live GM.  Between the new CAFE standards and the government/union ownership of both GM and Chrysler, we are going to be forced to buy smaller cars which actually get much less fuel economy than they should.  These cars will be heavier than they need to be and burn fuels that may actually pollute more.

    Rather than let the free market determine which cars and trucks we will buy, the government will tell us.  Smaller carswhich hold fewer people will require more cars on the road.  Smaller trucks will handle smaller payloads and again, more trucks.

    What happens when a small car or truck gets hit by a semi?  Result is more deaths on the highways

     Is the answer more rail traffic?  Railroads are already stretched to the limit on existing track, while the left wants more railtrails.  More rail traffic also means larger diesel engines and we cannot have that either.

    Gee Jim, guess I need my own blog!



  2. JohnK on May 19, 2009 at 5:24 pm

    If you own a collector car,  a hot rod, or a race car, better get that under lock and key and then hide the key.  You are next!



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