I think I will keep my gas-guzzler. On Thu, May 21, 2009 at 3:02 PM, bruce majors <[email protected]>wrote:
> > > > > > > > > > How Will You Spend Your $2,800? > (by Don Boudreaux) > > 20 May 2009 05:10 AM PDT > > > We Americans are lucky. President Obama, although having zero experience > as an entrepreneur or in the automotive industry, has designed > fuel-efficiency standards that (he assures us) will save the average car > buyer $2,800 over the life of his or her > vehicle<http://www.guardian.co.uk/world/feedarticle/8516003>. > What a deal! > No one in Detroit, in the U.K., in Japan, in Germany, in Korea, in Sweden, > in Italy, in France - no one anywhere, not even persons with decades of > experience producing and selling automobiles - has figured out how to devise > vehicles that are so obviously attractive to American consumers -- and, > therefore, so rich in profit-earning potential for manufacturers -- as are > the ones now promised to us by the Obama administration. > > And we can admire not only Mr. Obama's industrial and commercial genius, > but also his magnanimity in offering to the public, free of charge, his > money-saving idea. He could have earned billions of dollars in profit by > putting his idea to the test in the market. But no: by simply forcing us to > use his idea and charging us nothing for it, he'll forego this profit. 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