The Corner

Obama Tells Automakers How to Make Money

When not comparing himself to Lincoln, the President is apparently explaining to automakers about how to make money.  According to Obama, automakers “have to understand” that they “can’t just make money on SUVs and trucks” because consumers are going to demand more fuel-efficient vehicles “as gas prices keep on going up.” 

Jonathan H. Adler is the Johan Verhiej Memorial Professor of Law and Director of the Center for Business Law and Regulation at the Case Western Reserve University School of Law.

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