Thursday, December 4, 2008
Poor Car Dealers!
Surprisingly, the fact that there hasn't been an American made car worth buying for years, and the collapse of the Big Three American car companies, is hurting car dealerships. Who saw this one coming? The fact that a child could tell you that when people don't have any money, because they have been living far beyond their means, using credit to buy things they don't need, including a new car every two years, and the car companies are not making cars worth buying, people will stop buying them, tells us something. Now the CNN article hyperlinked to above points out that closing car dealerships will hurt local economises, and tax bases. No shit. Again a child could have made that statement. The article finishes with the fact that the way to get the economy back on track is to get people buying cars again... WHAT?!? Buying shit that we don't need, from companies which make crap products, is what got us into this mess. If failing car dealerships will hurt the tax base, it makes no sense to use tax money to prop them up, so they can collapse later. Our economy has been artificially inflated for years, and is now self-correcting. Its not fun, but doing the same shit that caused this to happen is not a solution.