The LA Times reports today that sales of hybrid vehicles are way off their peak (seen, not surprisingly, when gas prices were at their peak).
My favorite quote from the story:
“The automakers are in the situation of needing to pacify politicians that are in the position to bail them out with expensive fuel-efficient cars,” said Rebecca Lindland, auto analyst with IHS Global Insight. “But shouldn’t it be more about satisfying the needs of the American consumer?”
So does this mean if American consumers want more cocaine we should do more to satisfy demand? How about importing ivory? Drinking grain alcohol for breakfast? We’ve seen what no oversight or regulation can look like; is that ALWAYS the best approach? Somehow I don’t think so.