Ben sends us a link entitled "Spot on Analysis from Today's WSJ", which paraphrases some excellent insights.
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjAdgomjDYKAXo8ScnWB7Bss3e9P7JWc2Ct4iOCK_XZ8OnZacNkRYZk4P8LwQ8vYt2oWBgg9QIRwbKKG9u4znX3TtbwtVKyetWoEPOuzoLSTOmucgKYkIxmoV_A6ps0R_lZi-HT/s400/090317-car.jpg)
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The U.S. government mandates fuel-economy standards that force Detroit to make cars Americans don't want to drive.
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Detroit loses money on those cars.
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Washington is now forced to throw taxpayer dollars at its mistake.
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The car makers demand a tax increase [a tax that guarantees a gas-price floor of $4 a gallon] that would prod Americans to buy the unpopular cars that Washington mandates.
As for what the American consumer or taxpayer wants -- or can afford in today's economy -- who cares? Welcome to government-run energy policy.
Kind of like government-run housing policy, starring
Barney Frank and Chris Dodd.
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