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I don't care that the car companies don't want to undercut their profits. They would be willing if the federal government didn't stop the free market from bringing in the $5000 cars from companies that are happy to make and sell as many of them as they can build. The major corporations are protected in their models buy not allowing in a new choice. The big coporations actually love most government regulations. They can figure out how to leverage them or convince government to give them carve outs so overall the regulations protect them from the little guy. Tucker cars come to mind but it works even with Walmart. Walmart can support a $10/hr national minimum wage bill because they are already over that starting. My dad's small town store can hardly support one employee at current minimum wage and that is with him working his butt off everyday himself there at the age of 72 and living very frugal with a $40,000 home and a $10,000 car. Biggest vacation ever is the annual buying trip to Tucson for 2 weeks, and when I go up and pull him away for a few days of fishing.
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