By Carter Clews

It’s time to send an urgent message to House Speaker Chicken Little and Senator Majority Leader Turkey Lurky about the vicissitudes of life: contrary to all of your self-indulgent fear mongering about the moribund auto industry, the sky is not falling.

The truth is, even if the once-formidable Big Three evanesced into oblivion, the sky would still not come tumbling down – and chances are Americans would continue to drive to their collective hearts’ content. In fact, if the politicians will simply stay out of the way of domestic oil drilling, gasoline prices may continue to drop, and Americans may actually drive even more.

How can we be so sure that the demise of the much-lamented Big Three won’t spell an end to modern transportation; that, in...