The automobile industry relies on two components that it can not control. The car needs roads and fuel. This weakness means they depend on changes occurring out of their control and off their manufacturing cycle.

Roads and their rules are built and set for them. Paul and CATO would have the market do it, yet they won’t start the process themselves. I suppose they prefer to leave all that profit to some other economic free agent. How noble. How generous in spirit. Perhaps they aren’t such believers in the market. Perhaps they just don’t believe in their ability to swim in the market streams.

The fuel for cars was steam, electricity, even considered was soy oil. Oil won, big. Ever wonder why? The “market,” you say. A matter of “supply and demand,” perhaps.