BuckeyeBlog

Jackson

The government’s take-over of large parts of the American auto industry is a vital Ohio issue. Close to 6.5% of Ohio’s non-government gross state product comes from automotive manufacturing and related industries. While GM and Chrysler have very significant manufacturing investments in Ohio, so does Honda of America Manufacturing.  Ohio auto parts manufacturers supply the Big Three and other “transplants” throughout the country including Toyota, Hyundai and BMW and others. And there are over 10 million motor vehicles of all kinds owned and operated by Ohioans.

So when the federal politicians weigh in on automotive issues, they are directly impacting the wealth and prosperity of Ohio.

And here is what the Obama Administration is thinking in regard to the America’s, and Ohio’s, automotive industry:

What this country needs is a single national road map that tells automakers who are trying to become solvent again what kind of car it is they need to be designing and building for the American people.

Lisa P. Jackson, US EPA Administrator

Remember: Socialism is a centrally plannedeconomy in which the government controls all means of production and economic freedom is severely limited, if not totally abrogated by government. By subjecting Ohioans, both as consumers and producers of cars and trucks, to market choices defined by the governmental elites and where many of those choices permitted us directly involve the interests of government, socialist tendencies grow and economic freedom diminishes in our state.

HT to Manhattan Institute’s Steve Malanga who further offers a good, concise lesson on the teachings of Smith and Hayek.

Tags: Socialism

This entry was posted on Wednesday, May 6th, 2009 at 2:08 pm and is filed under Economic Freedom. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.