People keep telling me that cash-for-clunkers only took the bad cars out of the market. Riddle me this big brother, how the hell do you know which cars are good and bad for me?
You don't and you can't, only I can with my own born right to choose.
The date is October sixth two thousand ten, and it sucks to buy used cars. The market is flooded and inflated. The demographic seeking to scoop up cheap almost dead automobiles have been forced to seek alternatives, more often than not that means more expensive cars. This increases the demand for a good that already has a smaller supply. Less cars for more people. Sounds like an environmental wonderland. It's not. The truth of the mater is that on the margin people will engage in more costly activities to navigate their burdened lifestyle. (I can't find a car, I made my friend drive me, two people out of work for a day rather than one, and still a car on the road).
When the need to travel stays the same, the number of cars won't change.
I want to find where the gov't sent all those clunkers and get a few on the cheap.
Wednesday, October 6, 2010
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