Friday, June 24, 2011

The Future of Transportation, Mandates

Sort of mandates. You may remember in very recent history when the current CEO of Government Motors publicly called for a $1/gal increase in the tax on gasoline so as to make the Chevy Volt more appealing to the general public.

My daughter, who works at an import agency tells me they have a modest, but noticeable number of people coming in and trading their GM cars for the import, and citing the demand for higher gas taxes as the reason.

Ford's non-involvement notwithstanding, at least one irate customer took delivery of her new Honda saying she would never buy another domestic car again.

In this country we admire the entrepreneurial type who sometimes goes broke several times before finding the right formula for keeping a business going. We admire less, the wannabe capitalist who takes a business in bankruptcy, infuses it with capital, and runs it headlong toward another bankruptcy. Especially when he's using our tax money to prove he has no idea what he's doing.

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