The Big Squeeze

The Big SqueezeWe've done all this before, you realize. When the economy went blooey in the late Fifties, the public started buying little cars in such quantities that even people importing obscure European brands such as Borgwards and Skodas made money. American Motors got a shot in the arm and George Romney paid us back by trying to run for President. So the Big Three countered with a volley of "compact" cars: the unforgettable Corvair (which took a bad rap from Ralph Nader for its h...