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Politics : Don't Blame Me, I Voted For Kerry -- Ignore unavailable to you. Want to Upgrade?


To: CalculatedRisk who wrote (40958)8/6/2004 12:06:23 PM
From: John CarragherRead Replies (1) | Respond to of 81568
 
I believe mit professore has put out a paper on kerry proposal and says his retool money would get lost in rounding off. no way could the industry retool for $10 billion and produce the cars and buyer replace all the old vehicals in the 10 year period.

"The measure would provide $10 billion to help automakers retool plants to build high-technology, fuel-efficient vehicles, and give consumers a tax credit of up to $5,000 to buy them. "