Obama on the auto industry

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How about restoring aggregate demand and car sales with a full payroll tax holiday and $300 billion for the states on a per capita basis?

What good will financial support for the autos do if car sales keep falling due to overly tight fiscal policy???

Obama to appoint panel for auto recovery

by Ken Thomas and Tom Krisher

Feb 15 (AP) — President Barack Obama will form a government task force for restructuring the struggling U.S. auto industry instead of naming a “car czar” with sweeping powers, a senior administration official said.