That's why we're all here, right? To celebrate E Day, the date 50 years 
ago when Ford took one of the autodom's most hilarious pratfalls. But 
why? It really wasn't that bad a car. True, the car was kind of homely, 
fuel thirsty and too expensive, particularly at the outset of the late 
'50s recession. But what else? It was the first victim of Madison Avenue
 hyper-hype. Ford's marketing mavens had led the public to expect some 
plutonium-powered, pancake-making wondercar; what they got was a 
Mercury. Cultural critics speculated that the car was a flop because the
 vertical grill looked like a vagina. Maybe. America in the  '50s was 
certainly phobic about the female business. How did the Edsel come to be
 synonymous with failure? All of the above, consolidated into an 
irrational groupthink and pressurized by a joyously catty media. 
Interestingly, it was Ford President Robert McNamara who convinced the 
board to bail out of the Edsel project; a decade later, it was McNamara,
 then Secretary of Defense, who couldn't bring himself to quit the 
disaster of Vietnam, even though he knew a lemon when he saw one.
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