I think even without regulation, a lot of Americans will be clamoring for cheap, fuel efficient vehicles, even if it means driving a stripped-down econobox.
“I think even without regulation, a lot of Americans will be clamoring for cheap, fuel efficient vehicles, even if it means driving a stripped-down econobox.”
Agreed. If gas ever went to $5/gallon, you better belief the market would respond.
But our leftists in Congress don’t like free market economies so.....
If they are clamoring for cheap, fuel efficient vehicles, the auto manufacturers would make them without an excessive regulation that impacts the entire line of vehicles. The market would provide an efficient solution without driving up all the prices of all the cars on the market.