Marshall Plan for auto industry

An interesting idea being touted by the United Auto Workers Union (UAW) and now being championed by Hillary Clinton (D-Sen, NY). The "Marshall Plan" for automotive makers who invest in fuel-efficient technologies, such as hybrid or ethanol cars, would get federal funding for retiree benefits.

The Marshall Plan comes from history. After WWII, Secretary of State George C. Marshall developed a plan to aid Europe in getting back on it's feet after the devastation to it's economies, infrastructure, and people.

Tags: hybrid, clinton, UAW, Marshall