70 Year Magazine Archive

Billion-Dollar Bumpers

by Jack Solomon

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Nine thousand six hundred seventy-four dollars and eighty-nine cents for a 1978 Chevrolet? Five years before, the same model would have listed for less than $5,000, and in 1968 it would have lightened your savings by a third of the 1978 price.

What can explain the difference is federal regulations. Over the past decade, a proliferation of laws dealing with safety, emissions, and energy, many of which are at cross-purposes with one another, have been handed down by Congress. The bureaucrats, it appears, would like nothing better than to do away with the motor car completely.

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