Who’s the latest to speak out among this parade of pinkos, you ask? The executive chairman of Ford, Bill Ford Jr., has begun to advocate strongly for a gas tax that creates a price bottom for gasoline. Ford cites the need for “predictability” in fuel pricing and suggests the government send a price signal strong enough to turn people permanently toward buying fuel-efficient cars.
He says gas prices of $3.50 per gallon produced a “sea change in customer behavior” this past summer. That is what it will likely take to move American buyers to fuel-efficient cars consistently.