Friday, September 14, 2012

Another Reason Not to Vote for Obama.

I've mentioned this before in another post, but here's some updated information.

If you want a new car, you better buy one quickly if you don't want to pay the several thousand dollars extra that Obama regulations are going to add to the price in a few years. Rules for fuel economy have just been finalized, and they stipulate that cars and trucks must average 54.5 miles per gallon to be phased in from 2017 to 2025. Sounds great, doesn't it? But to meet this standard, auto makers will have to add expensive technology and/or reduce the size and weight of vehicles. The administration's argument is that the added cost of the car will be offset with the savings from fuel. I guess that could be true when we're paying almost $4 a gallon! Economists, however, doubt that the increased cost will be realized over the life of the vehicle. 

Personally, my safety is of paramount importance. I don't want to drive a tiny aluminum can on the freeways around Dallas! I like the protection afforded me by my mid-size sedan. Of course, all the traffic there will probably be slower anyway -- smaller engines will also be used to effect the fuel savings. And you'll have to continually restart your car when you get into those bumper to bumper traffic jams -- circuits will temporarily shut off your engine when you idle. And for all this, you get to pay more! Obama -- gotta love him!

By the way, Congress has nothing to do with this. These requirements do not need Congressional approval -- Messiah Obama gets all the credit for this one. That being the case, I suppose the good news is that President Romney can reverse it without Congressional approval. 

"Feds finalize rules to double fuel economy by 2025." The Dallas Morning News; August 29, 2012; p. 1D.

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