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Auto Real Culprit in Losing Quality of Life

November 13, 1988

Dick Turpin might also look at the economic consequence of our subsidy-aided dependency on the automobile. The extraordinary ownership is responsible for our low household savings rate and growing indebtedness to foreign investors. The American automobile is an economic black hole--sucking in $1 trillion annually, 25% of the gross national product.

STANLEY HART

Altadena

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