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Submitted by John Pate (not verified) on Wed, 2008-12-10 10:04.

beanie wrote:
As a libertarian, I'm curious myself, if you were to deduct the cost of federal regulation, environmental regulation and governmental support of the UAW from each domestic car, would the price per product be more competitive? Furthermore, calculate the amount of money paid in taxes and the money asked for by the domestic automakers. How does that pan out?

As a libertarian, I oppose the bailout, but it's disingenuous to pretend that the situation they find themselves in is completely their own fault.

The same tired old argument. In fact the `Big Three' have plenty of political power of their own - hence their ability to demand a bail out - and they have used government regulation as a barrier for entry to competitors. Do you think Japan has less in the way of environmental regulations and worker protection than the US? And yet Japan can ship cars across the ocean to America that are better value than indigenously produced cars.

Your argument on the surface seems plausible - but the devil is in the details.

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