When Cars Don't Sell Make Sure You Increase the Price
I can't think of a better image than a bully kicking sand on the beach to describe the latest car news from Washington, D.C. Kicking the car companies and the people who drive their cars when they are down barely begins to describe what is happening. Car payments stretching 72 months into the future aren't uncommon these days and cars still aren't selling. Can't afford a car? Hey, Washington willl make one even more unaffordable!! Don't worry, though, your car mileage will improve under strict new regulations. Now that's progress!Car sales are so miniscule that the future of the car companies is in grave doubt. GM has been nationalized. Those in the know understand the plan: individual safety will be sacrificed for the good of the state. And the administration is working day and night to ensure that the last car you own you may be driving now.
Thank goodness we don't have to worry about all those people who make their living building cars. Since the current president was a great favorite of the unions, the jobless must be delighted.
UPDATE: The Wall Street Journal weighs in on the car mess, saying "Mr. Obama was supposed to be smart. His administration was supposed to be a smart administration. But the policy coming out has not been smart. It has been a brute shifting of power to the president's political allies . . . With no overarching philosophy in evidence, the art of the possible has come to define the Obama administration. One thing that has proved possible is an untrammeled power grab over the auto industry."
posted by Publia at 7:28 AM
2 Comments:
Indeed. I also seriously have to speculate whether the Administration and Government plain just doesn't care about the loss of life that will result from forcing Americans to cram themselves into smaller, fuel-efficient vehicles. After all, this is a President who has the most extreme position on abortion of any U.S. President in history (regardless of whatever he said at Notre Dame -- just look at his Illinois voting record when he was a legislator there). And if more people become casualties in small car accidents, that has a way of thinning the population, which in turn will help cut down on social security obligations, medicare, medicaid. Voila, social Darwinism at its very best. Entirely consistent with plans tried by governments around the world, with very bad effects to come. JK
Actually, social Darwinism was incorrect on my part. The Administration's methodologies mirror those who supported eugenics in the early 20th Century: the Fascists and the Communists. JK
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