Car sales up, but for how long?

[fezzyfestoon]

It seems to be almost common sense to me that after an artificial boom in sales that there would be a huge crash.  People bought WAY more cars than they would have otherwise so now there is even less demand than there would have been had we not forced a boom.

[fezzyfestoon]

It seems to be almost common sense to me that after an artificial boom in sales that there would be a huge crash.  People bought WAY more cars than they would have otherwise so now there is even less demand than there would have been had we not forced a boom.

^^^^^^^^^^^^^^^^^
Everybody who was thinking about buying a new car has now bought one. Expect a crash in the auto industry.

lol

OH NOES, NOW THAT WE DON'T HAVE A REBATE PROGRAM NO ONE WILL EVER BUY A CAR AGAIN FROM THE MISMANAGED AUTO COMPANIES DURING THE WORST RECESSION SINCE THE 1930'S!

HOW COULD THE GOVERNMENT DO THIS, HOWWWW!!!!!

Ok, Keystone Phil.

Beet's explanation is nice, if a little optimistic.

[fezzyfestoon]

Yeah it was silly to actually demand a 'clunker' as part of the deal - they shouldve just given everyone the $5,000 to generally stimulate demand, and to specifically stimulate the car industry the government itself shoud've bought about five million GMs and a million chryslers and thrown them in the ocean.

That said, I think there is still an enormous pent up demand for all sorts of things out there, including cars.  This program barely impacted car sales at all compared to where they should be at in normal times.

Yeah, fuck it.  Bankruptcy worked for GM and Chrysler, it can work for the government, too!

[fezzyfestoon]

Yeah, fuck it.  Bankruptcy worked for GM and Chrysler, it can work for the government, too!

The man with the gun never 'goes bankrupt'.

Exactly.  Which is why the US government will never get the money it needs for something like that.  You should know this by now.  The owners have a gun to its head.

[fezzyfestoon]

Yeah, fuck it.  Bankruptcy worked for GM and Chrysler, it can work for the government, too!

The man with the gun never 'goes bankrupt'.

Exactly.  Which is why the US government will never get the money it needs for something like that.  You should know this by now.  The owners have a gun to its head.

That's not precisely the right way to put it, fussy.  The State is the gun, the owners are the man with it.

And now why would they want to turn the gun on themselves, exactly?