King
intermoderate
Atlas Star
Posts: 29,356
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« on: February 23, 2014, 12:43:31 PM » |
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I'm all about fixing inequality, but I feel the phenomenon in this article has more to do with changing tastes and foreign influence. Japan automakers never did midrange, only luxury and standard. I think that has taken hold in America, especially with the increased use of credit.
People don't want second best anymore. They'll either pay for something cheap in cash or take out the top of the line on credit. Apple is a good example of this. It's a luxury brand that everybody is paying extra for. If they want to go cheap, they go really cheap like Acer. Nobody buys middle brands like HP anymore.
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