UVA professor Larry Sabato has done his first analysis of the electoral map, and here are his thoughts about his own state:
Amazingly, given the fact that the Old Dominion has voted Democratic exactly once (1964) in the past fourteen presidential elections, Virginia is included in the toss-up list for the first time since 1976, when President Gerald Ford edged Democratic nominee Jimmy Carter by a mere percentage point. Virginia was the only Southern state not to vote for Carter, who became the first Deep-South President elected since Zachary Taylor in 1848. Thanks to dramatic population growth in Northern Virginia and university communities, this is not your father's Virginia. It is a Mid-Atlantic state rather than a Southern state.
Overall, the Professor has 212 electoral votes at least leaning for Obama. This means that if Obama holds on to the rest of the Kerry states, Virginia would put him over the top without needing to win Ohio, Colorado, or Florida.
Then again, I'm not from Michigan and haven't spent a whole lot of time there, so I guess I shouldn't assume I know how they think. Sabato almost certainly knows something I don't. In any case, a glance at that map should reveal that as a region, Michigan/Ohio/Pennsylvania's blue collar areas will likely decide this election. Having other states like Colorado and Virginia available as battlegrounds definitely gives Obama some breathing room, too, and forces John McCain to spread himself thin.
Higher CAFE standards (just as one example) were not simply a matter of corporate stategy but a matter of national interests: reduced demand on foreign oil lowers our financial vulnerability to overseas tyrants like Ahmadinejad and Chavez who have literally built their governments on a foundation of anti-American militarism and brinkmanship. It reduces the volatility of our domestic markets by reducing the link between oil prices and the prices of other goods. It even would lead to putting less carbon into the atmosphere.
Don't like raising fuel efficiency standards? How about tax breaks for developing and purchasing hybrid vehicles? Accomplishes essentially the same thing with everyone's favoritest market lever--lower taxes.
Whether you prefer incentives or regulation, and for whatever reason (foreign security, international economics, domestic economics, environmental concerns) the only reason to believe that we should do nothing in the face of economic turmoil is that you hate America. How come you hate America, mein herr?
However, what you decry is that GM does not have a larger share of the hybrid market vis a vis Toyota. It's called not analyzing market demands as effectively as your competitor. Don't blame Bush or the US gov for not forcing GM to adopt a certain business plan. They are behind and have lower profits because they didn't make a wise business move. In the same way, I can't blame the government if my business flags because I offer a product that people don't want to buy. Toyota is reaping the profits of accurately predicting the future market. I say bravo--maybe American companies will do better analysis next time.
In fact, the Bush administration argued that these environmental policies would've been bad for business. So, the people of Michigan can damn well blame the Bush administration for stopping environmental policies on the premise of being bad for business when in fact they would've been good for business.
As a matter of fact I think they'd find your sentiment that we should all suffer financially to teach GM a lesson revolting.
I think we can all agree that better mileage is generally desirable, and while in a perfect world, competition would cause private capital to reach for these goals, experience demonstrates that it does not always happen that way. So I am not sure what is wrong with government stepping in and legislating clearly beneficial things when the private sector fails to do so.
Capitalism is great -- 100% of the time, it will provide people with what they want. The problem is that, individually, people do not always want what is best for them and, in a wider array of cases, their neighbors, and so it fails to provide people or the society at large with what it needs. In that area, government-imposed standards and regulations are desirable and necessary. They are good for the consumer. It is good for business. And if we sacrifice a small amount of personal freedom in the process, I can live with that.
I'm happy to argue about where to draw the line, and when that sacrifice is too great. But I reject out of hand that the concept itself is invalid or inconsistent with a generally free society.
The main thing that I was uncomfortable with was blaming bad business decisions on the government. That makes the government responsible for far more than they should be responsible for. That's the way of absurd Wall Street bailouts like we saw recently.
As for your second paragraph, I 100% agree with that, although I would point out that Toyota's dominance in this area was not merely a case of business smarts, but also results from the fact that for its entire history the company operated under conditions of limited gasoline supply, among other privations.
Its engineering of fuel efficient cars, indeed, resulted in part from both legislative and practical requirements in Japan following WWII when the company we think of today as Toyota really was born (although I believe it officially became an automobile company in 1933).
Even the Toyota Production System can be traced to the company's response to conditions in Japan following the war, where everyone had to do more with less.
Having worked with several of the top Japanese carmakers -- and this isn't revealing some big business secret, it's out there for everyone to see -- is they have a long range plan. I mean, like really long range -- 20, 30 years out. And then they work back from that. What do we have to do in year one, year seventeen, to get to where we want to be in, say, 2025. And the entire corporate executive structure is signed onto the plan and works towards it. And, though it's changed somewhat recently, most Japanese executives will spend their entire business career at one car manufacturer.
In sharpest contrast, and this is not limited to Detroit, though it's more damaging there, given what they're producing and the long lead times for new products, is that CEO and COO and Exec. VP's make their big bucks not from salaries, but from stock options and bonuses tied to quarterly results. There is absolutely no incentive for, say, the CEO to defer his own compensation for the greater good. He ain't gonna be there 30 years out ... or even 7 years out. So when you're a Detroit CEO and trucks and Hummers and SUV's are flying off the lots, it's good times and they wallow in the big bucks they're making. It's not in their financial self-interest to reinvest those profits into stuff that's going to pay off big time for some other guy who is two or three CEO's down the line in terms of succession.
Efficiency by its very definition increases the standard of living. There is a limited amount of man hours per capita. (Duh!) Producing more with those man hours (efficiency) means that there are more goods to go around. Efficiency is doing more with less. If the auto industry is run with short term thinking, it means that there is less to go around. If Toyota is run with long-term thinking, that means there is more to go around. I do not care if they are Japanese or American, they are increasing the standard of living of Americans. Furthermore, they hold out an incentive and example for how Americans can improve.
McCain (Red): 160
Obama (Blue): 273
Too close to call (Purple): 105
[BTW, Zogby does get verbally raked over the coals very often, but I think their starting point is correct -- the election right now is clearly Obama's, with holds of all Kerry states and definite flips of IA, NM, and CO. OH and VA are probably the next Obama strongholds. A good position to be in. Feels nice.]