Make necessary things: mass transit vehicles; electric autos; maglev trains. Engage with communities to develop transportation schemes that provide, for example, services to pick up suburban commuters at their homes with vans or micro-buses or car-pooling or bicycles, and deliver them to local rail stations.
- Build a bridge or tunnel across the Bering Strait from Alaska to Russia to communicate North America and Asia, that will lower cost of commerce between the two continents and produce jobs.
That’s precisely the way this country was built. With bold initiatives to satisfy the needs of a growing population: The Erie Canal; the Transcontinental Railroad; the Hoover Dam. And some of these projects were carried out in the midst of the Great Depression; while the private sector was in contraction government took the initiative.
- Rebuild infrastructure.
- Build intelligent highways that will reduce traffic congestion and save billions, as well as improve the quality of life.
- Convert new materials developed for defense purposes such the composite used in the stealth fighter to commercial use and mass transit.
- Join the quest for nuclear fusion instead of remaining subservient to foreign oil.
- Forget about stock market short-term profits and focus on long-term sustainability, and on providing necessary transportation products and services to society for the long-haul.
- Convert GMAC–the financial arm of General Motors–into a nonprofit bank to finance the long-term initiatives described above.
The age of the private individual car is gone. The age of mass transit has arrived
This realization should inform all strategic decisions.
Tragically, countries around the world are copying the failed American model, like India with the Tata Nano, a $2,000 car that will increase pollution in some of the already most polluted cities in the world.
The internal combustion engine already ended its life cycle and created tremendous damage along the way. GM had already successfully produced an electric car and it killed it because entrenched interests–many of its investors and directors–profit from imported oil-related products.
If the U.S. automotive industry doesn’t change direction swiftly it’s doomed to failure and will need more taxpayer bailout that cannot longer be afforded.
Car manufacturing in Massachusetts
A GM assembly facility was active in Framingham from 1947 to 1989, employing 3,300 workers from across New England when it shut down. The factory produced 23,388 vehicles the first year alone, and 697,574 Buicks, Oldsmobiles, and Pontiacs by 1959.
MIT is developing solar and electric-powered vehicles.
There are many ex railroad corridors in New England and around the country that have been converted to bicycle and pedestrian use.
Main thing needed is to get rid of the leaches that suck away the lifeblood of the economy such as the Fed and the high-paid executives of unproductive enterprises.