Romney wants to save US auto industry

Not bashing Detroit

After winning the Michigan primary Mitt Romney said he was going to save the US auto industry by "substantially increasing our investment in basic science and research, particularly in energy technology, fuel technology, automotive and material science technologies" (See the video).

Yet it seems the science and technology is largely available, it's making it happen that's key.

Hybrid cars, plug-in hybrids, electric vehicles, clean diesel, cellulosic ethanol, and lightweight materials are here today, it's making these technologies cost effective that's the problem. In order to do that economies of scale are probably the most critical factor. Unfortunately, Mr. Romney doesn't seem to address this issue.

Of course tax subsides and incentives might work, but it seems a gas tax is the easiest path forward, yet not one candidate running for President will touch such an idea with a 1000 foot pole.

My prediction: It doesn't matter one bit who becomes President, foreign oil dependency is tightening its grip around America's neck and the grip is only going to get tighter, much tighter. Too many Americans and EVERY single candidate for President can't handle the truth of artificially low gas pump prices and foreign oil dependency. So get ready to start choking.