As a Wall Street Journal editorial noted today, eliminating costly fuel mileage mandates will help US car companies far more than trade barriers would. From Eric Peters on a guest post at theburningplatform.com:
The Clovers are aghast that Trump is threatening to do the unimaginable – and stop threatening the car companies with federal fuel economy fatwas (and add-on fatwas forbidding or restricting how much plant food – carbon dioxide – cars may emit).
He appears to be entertaining the horrible idea that the people who buy cars ought to be free to decide for themselves how much fuel economy matters to them – since they will be the ones paying for both the car and the gas. And – oh my god! – that this is really none of the business of the “concerned” scientists and other professional busybodies who regard their opinions and preferences as holy writ enforceable at gunpoint.
“We’re going to work on the CAFE standards so you can make cars in America again,” said Trump. He should have added the qualifier – affordable cars in America again.
Leaving aside the moral issue – who are these people to tell anyone whether their next car should get 10 MPG or 40 MPG? – the issue never addressed by the media, including the automotive media, is how much will all this cost us?
Obama’s mullahs uluated about the many billions (allegedly) which would be “saved” by force-marching every automaker to build cars that average 54.5 MPG. It is the sort of “savings” one realizes by emptying your bank account to buy something you don’t need that’s 5 percent off.
Only worse, because you’re not given the option to keep your money in the bank.
To continue reading: Trump Thinks Your Car’s Gas Mileage is . . .Your Business . . .
