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Technology Stocks : Intel Corporation (INTC)
INTC 36.38-1.3%Dec 22 3:59 PM EST

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To: Road Walker who wrote (182539)11/8/2005 9:48:16 AM
From: GVTucker  Read Replies (2) of 186894
 
Government intervention should be necessary when the market isn't capable of solving a problem.

In this case, the market is clearly able to solve the problem. SUV sales are collapsing. Demand is declining. Government intervention at this stage of the game just does not make sense. And it will cause problems that you don't envision in your analysis.

You want a gasoline tax to account for the pollution externality? Sure, I think there's a solid argument there. That's an economic issue that the market may not be able to solve. But I don't see a solid argument for what you're talking about.
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