Thursday, April 1, 2010

Almost there





WASHINGTON, D.C. -- Gallup Daily tracking finds that 20.3% of the U.S. workforce was underemployed in March -- a slight uptick from the relatively flat January and February numbers.
Underemployment in U.S. Workforce, December 
2009-March 2010 Monthly Trend

 

U.S. Finalizes Car-Mileage Rules

WASHINGTON—The Obama administration finalized new rules for automobiles designed to drastically cut gasoline consumption and greenhouse-gas emissions.
But the rules will carry significant costs for car companies and consumers, raising the average price of a new car by nearly $1,000 by the middle of the decade, according to government estimates.
In setting stringent new targets for auto fuel economy and greenhouse-gas emissions, the White House aims to have all new cars on U.S. roads average 35.5 miles per gallon by 2016, up from a current 26.4 mpg. The new rules accelerate a transition that Congress mandated two and a half years ago.
Administration officials said the rules, first proposed in the fall and covering vehicles starting in model year 2012, are a key component of President Barack Obama's environmental agenda and will spur "green" car technologies such as plug-in electric vehicles.
AFP/Getty Images
A shot from the freeway 110 in Los Angeles. New fuel rules require that all new cars average about 35.5 miles per gallon by 2016. wsj

Kliphnote: How is that going to work? Make cars smaller and lighter with smaller engines. 
Wait until the EPA gets involved.  Cap and Trade, EPA's way around it.
It will be the government dictating what kind of car you drive.Government run student loans, Government run banking. Government run auto industry. Government run health care.
Where does it end?
Rep. Charles Rangel (D-NY): "The group that were in Washington fighting against the health bill and fighting against the President, looked just like and sounded just like those groups that attacked the civil rights movement in the South."

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