Relay-Version: version B 2.10 5/3/83; site utzoo.UUCP Path: utzoo!watmath!clyde!burl!ulysses!harpo!decvax!cca!ima!inmet!wisen From: wisen@inmet.UUCP Newsgroups: net.auto Subject: News Item: Iacocca is dealing policy - (nf) Message-ID: <1414@inmet.UUCP> Date: Fri, 18-May-84 00:47:29 EDT Article-I.D.: inmet.1414 Posted: Fri May 18 00:47:29 1984 Date-Received: Sat, 19-May-84 00:50:16 EDT Lines: 22 #N:inmet:2700099:000:942 inmet!wisen May 16 10:34:00 1984 (Maybe this belongs in net.politics or net.free.market.theory) I heard on the news that Chrysler chairman Lee Iacocca (sp?) proposes to freeze Chrysler car prices and Chrysler management bonuses if the U.S. government will put some ceiling on Japanese auto imports. Setting aside the details of what he offers and what he wants, doesn't the whole concept seem a bit presumptuous or arrogant? I propose that the government remove all limits on (Japanese, French, Mexican, etc.) auto imports regardless of what Mr. Iacocca wants. If we do that, Chrysler may freeze or even drop car prices and management bonuses in order to survive in the market. Why barter trade policy with Chrysler for something we could obtain without bargaining anyway? . |\ ------Bruce Wisentaner /| \ cca!ima! \ / | \ esquire! --inmet!wisen o / | \ harpo! / ^_. _/___|===== O\/`O \_______/] \_(