Radio Paradise

Another cash-for-clunkers boondoggle? No. wait, that's partly responsible for the used car shortage.
More subprime lending? No, wait, that's putting people on the hook for things they can't afford.
Subsidized car sales? No, wait, that will further reduce supply and drive up prices.
Mass transit! Yeah, herd 'em all into buses and subways that require massive subsidies. And get back to me when they actually meet the needs of people who don't live in urban centers.

But whatever, it's capitalism's fault.

I don't see a call to government action anywhere here at all. I double checked the article and it seemed to me to be pretty much informational, and informative. It even had a quote noting that the market would adjust for the problem at hand:

“But there’s a reality check coming and many subprime buyers will be forced to find more affordable transportation.”

what is it with the recent news that Tesla have patented a new battery design that has 10x the capacity of existing ones? (and they don't seem to be the only ones out there with exciting new battery designs).. given that range is the one issue holding back buyers from electric cars, won't there soon be a flood of ICE cars out there cos no one will want to drive one.

islander

islander Avatar

Location: West coast somewhere
Gender: Male

Posted: Oct 11, 2019 - 10:53am

Lazy8 wrote:

Red_Dragon wrote:

Rising old used car prices help push poor Americans over the edge

So what government intervention is this hand-wringing leading up to?

Another cash-for-clunkers boondoggle? No. wait, that's partly responsible for the used car shortage.
More subprime lending? No, wait, that's putting people on the hook for things they can't afford.
Subsidized car sales? No, wait, that will further reduce supply and drive up prices.
Mass transit! Yeah, herd 'em all into buses and subways that require massive subsidies. And get back to me when they actually meet the needs of people who don't live in urban centers.

But whatever, it's capitalism's fault.

I don't see a call to government action anywhere here at all. I double checked the article and it seemed to me to be pretty much informational, and informative. It even had a quote noting that the market would adjust for the problem at hand:

âBut thereâs a reality check coming and many subprime buyers will be forced to find more affordable transportation.â

Lazy8

Location: The Gallatin Valley of Montana
Gender: Male

Posted: Oct 11, 2019 - 9:38am

Red_Dragon wrote:

Rising old used car prices help push poor Americans over the edge

So what government intervention is this hand-wringing leading up to?

Another cash-for-clunkers boondoggle? No. wait, that's partly responsible for the used car shortage.
More subprime lending? No, wait, that's putting people on the hook for things they can't afford.
Subsidized car sales? No, wait, that will further reduce supply and drive up prices.
Mass transit! Yeah, herd 'em all into buses and subways that require massive subsidies. And get back to me when they actually meet the needs of people who don't live in urban centers.

But whatever, it's capitalism's fault.

Red_Dragon

Red_Dragon Avatar

Location: Gilead

Posted: Oct 11, 2019 - 8:57am
Rising old used car prices help push poor Americans over the edge

ScottFromWyoming

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Location: Powell
Gender: Male

Posted: Oct 4, 2019 - 7:33am
Red_Dragon wrote: Security stepped up as 'Joker' opens in U.S. movie theaters Reviews are tepid to suck, so this whole thing is starting to smell very hypey.

Red_Dragon

Red_Dragon Avatar

Location: Gilead

Posted: Oct 4, 2019 - 7:31am
Security stepped up as 'Joker' opens in U.S. movie theaters

ScottFromWyoming

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Location: Powell
Gender: Male

Posted: Nov 14, 2011 - 2:44pm

cc_rider

cc_rider Avatar

Location: Bastrop
Gender: Male

Posted: Nov 14, 2011 - 2:39pm
MrsHobieJoe wrote: Interesting and troubling article. Worse, I think it's not especially unique.

MrsHobieJoe

MrsHobieJoe Avatar

Location: somewhere in Europe
Gender: Female

Posted: Nov 14, 2011 - 2:19pm
cc_rider wrote: romeotuma wrote: This is exactly like things that happened in the 1930's during the Great Depression... this could be straight out of John Steinbeck's novel, The Grapes of Wrath, from 1939... Exactly. Interesting and troubling article.

cc_rider

cc_rider Avatar

Location: Bastrop
Gender: Male

Posted: Nov 14, 2011 - 2:03pm
romeotuma wrote: This is exactly like things that happened in the 1930's during the Great Depression... this could be straight out of John Steinbeck's novel, The Grapes of Wrath, from 1939... Exactly.

(former member)

(former member) Avatar

Location: hotel in Las Vegas
Gender: Male

Posted: Sep 12, 2011 - 9:26am
hippiechick wrote: AMERICA TODAY: Heartbreaking Pictures From New Jersey's Homeless 'Tent City' This is exactly like things that happened in the 1930's during the Great Depression... this could be straight out of John Steinbeck's novel, The Grapes of Wrath, from 1939...

hippiechick

hippiechick Avatar

Location: topsy turvy land
Gender: Female

Posted: Sep 12, 2011 - 9:00am
AMERICA TODAY: Heartbreaking Pictures From New Jersey's Homeless 'Tent City'

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AMERICA TODAY: Heartbreaking Pictures From New Jersey's Homeless 'Tent City'

AMERICA TODAY: Heartbreaking Pictures From New Jersey's Homeless 'Tent City'