Obama to carmakers: 'You Can't Just Make Money on SUVs and Trucks'
Alternate title: Man with no economics or managerial or marketing background, on the verge of launching a "jobs" bus tour to distract the nation from his own wretched record on jobs, scolds US industry for building products Americans will actually buy:
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.”
And then, there's this.
“When I came into office they were talking about the liquidation of GM and Chrysler, and a lot of folks said you can’t help them, and it’s a waste of the government’s money to try and help them,” Obama said Monday. “But what I said was, we can’t afford to lose up to a million jobs in this country, particularly in the Midwest.”
He's right about not being able to afford losing all those jobs of course, but his own policies are killing jobs by the hundreds of thousands across many industries. And despite that, Obama feels perfectly qualified, in the face of his complete lack of experience, to tell these companies what they should and shouldn't be building. It seems Obama finds a new way to re-define "arrogance" just about every week.