Obama to carmakers: Stop making so many products that people want!
I don't truck with those who call Obama a commie, but by saying completely off the wall, totally ignorant stuff like this, he reminds me of factory managers in the old Soviet Union who would deliberately slow production on products that were popular because it created too much paperwork for them.
The country's automakers should ditch their focus on SUVs and trucks in favor of smaller, more fuel-efficient vehicles, President Obama said Monday.
"You can't just make money on SUVs and trucks," Obama said during a town hall forum in Cannon Falls, Minn. "There is a place for SUVs and trucks, but as gas prices keep on going up, you have got to understand the market. People are going to try to save money."
Obama has positioned the revival and reshaping of the auto industry as a major part of his administration's push to improve the economy and create jobs.
A man with zero business experience is telling carmakers that they've got to "understand the market?" The closest Obama ever got to a business was when he was picketing them back in his community organizing days.
"Understanding the market" means making products that people want to buy. People want to buy SUV's and nice, big, shiny, awesome American trucks - at least as long as they can afford to fill them up.
And guess what? If gas prices get too high, Americans will then start buying smaller cars that use fuel more economically. That the president doesn't "understand the market" is a given. Why he is lecturing auto makers about how to make money is the real mystery.