When I was a Ford-Mercury dealer in the early 1970s, I sold both Thunderbirds and Pintos. Both cars were both great cars for the time. The Thunderbird was a true personal luxury car, and usually what my wife chose to drive. The Pinto was also a great car, but did not have the comfortable ride or the equipment of the Thunderbird. The Pinto did have a lower purchase price and was more economical to operate and maintain.
Both cars filled a need and the more economical Pinto offered some people the opportunity to buy a new car that could never afford a new Thunderbird. This is the free market system. As a dealer, I liked to sell a new Thunderbird because I normally made more profit selling a Thunderbird than selling a Pinto, but I sold a lot more Pintos than Thunderbirds.
What would have happened if the government passed a law that all Pintos were “Sub Standard” and everyone had to buy a Thunderbird? The answer is simple. Most people would not have been able to afford a new car. They would have to keep their existing car, buy a used car, use public transportation, or walk.
Now I understand that Progressives would say the evil car dealers and manufacturers should just sell everyone a Thunderbird for the price of a Pinto. Unfortunately, neither the dealer nor manufacturer can stay in business this way. The other option is for the government to subsidize everyone that can’t afford a Thunderbird.
This makes sense only if we want bigger government, more taxes, less personal freedom, and a socialist country eliminating the free market system. Kind of sounds like Obama Care doesn’t it. Personally, I don’t like the idea and will vote accordingly.
Interesting analogy. Only you could find a way to compare health insurance to cars! Unfortunately, before and after Obama-care, there are still millions who cannot affort a T-bird OR a Pinto.
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