|
I like how the government spins this as stimilus, and projects the benefits.
They are thinking that the economy is a closed system, and that this was fresh money into the system. My suspcion is that consumers just diverted money from one purchase to another. So they bought a car--the question is, what did they not buy that they would have if the gov. didn't give them incentives to buy a car? Who were the losers here? How is the gov. going to makeit right for them?
How has this affected used car values, and buyers? How much loss on that side?
__________________
1982 300SD " Wotan" ..On the road as of Jan 8, 2007 with Historic Tags
|