Date: 2008-12-09 05:58 pm (UTC)
From: [identity profile] albionwood.livejournal.com
And since the real problem is that Americans spend way too much money on cars (something like 20% of consumer spending), this will probably do more harm than good. The inconvenient truth is that the auto business is too big, it will have to shrink... and there's no painless way to do it.

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