On the roundtable on the 6PM Fox News show this evening, Charles Krauthammer made an excellent point. The mandated CAFE (required minimum fuel mileage standards) in the new auto industry bailout bill will require automakers to make and attempt to sell cars on which they cannot make a profit.
The margins on trucks and SUV's are far, ,far greater than on fuel efficient vehicles.
Krauthammer characterized these mandates as "Soviet style." Couldn't have said it better myself.
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