Liberal Talk Radio

I don’t normally read him, but today’s Charles Krauthammer column is about the energy bill, so I subjected myself to it. Here’s what I was rewarded with:

Apart from the safety issue, there is the issue of cost. Car prices will rise. That could in turn drive one or all of the Big Three U.S. auto companies, all reeling financially, into insolvency.

The problem with the big three is not that they can’t sell expensive cars. In fact, they’ve been selling expensive, highly profitable SUVs for years. Their problem is they can’t make a profit selling cheap cars. But if CAFE standards rise, and cheap cars get more expensive, that should do wonders for the big three, no?