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President Obama Vows Not to Walk Away From Auto Industry

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Filed under Automotive, Featured, News

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One of the highlights of the delivery that President Obama gave to the joint session of congress was a vow not to walk away from the automotive industry. The tone seemed directed at the American infrastructure of the automotive industry which directly includes the suffering Big 3.

The points that were brought out by autonews and others in the automotive industry were the positive inspirational parts of the speech saying, “We will rebuild, we will recover, and the United States of America will emerge stronger than before.” Then later a specific address was directed towards the automotive industry having an obvious effect on the economy where the President said, “As for our auto industry, everyone recognizes that years of bad decision-making and a global recession have pushed our automakers to the brink. We should not, and will not, protect them from their own bad practices. But we are committed to the goal of a re-tooled, re-imagined auto industry that can compete and win. Millions of jobs depend on it. Scores of communities depend on it. And I believe the nation that invented the automobile cannot walk away from it.”

The speech will be critiqued among the media and other officials and a new wow factor may be brought out by those in the automotive industry where the President said, “We know the country that harnesses the power of clean, renewable energy will lead the 21st century. And yet, it is China that has launched the largest effort in history to make their economy energy efficient. We invented solar technology, but we’ve fallen behind countries like Germany and Japan in producing it. New plug-in hybrids roll off our assembly lines, but they will run on batteries made in Korea.”

With those words it gives the automotive industry a positive and supported hope, one that the President spoke of during his campaign and now lives it out as President of the United States. Others may remain skeptical of his economic remedies but a good portion of America, especially in the automotive world, woke up today with a new inspiration to rebuild, retool and bring this country back to where it needs to be.

[sources: autonews, whitehouse.gov]

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