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Politics : A US National Health Care System?
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To: Lane3 who wrote (10822)10/28/2009 10:59:49 AM
From: Mary Cluney  Read Replies (1) of 42652
 
<<<Surely you know that car sales are down right now and will stay down for a long time after the clunker bubble burst. Whether that takes a greater toll than the toll that continued slack sales a few months ago would have taken, you're not even considering. >>>

I am not an economist. I can't prove anything. As a consumer, my sense is that the auto market bottomed at 9mm annual sales volume. The replacement market is about 13mm. The fact that we are still only slightly above the 9mm sales level only reinforces my notion that the additional sales of 700,000 cars was purely a result of the cash for clunker program. The additional sales had to be, even temporarily, a godsend for manufacturers, dealers, and people that benefited from the program during the darkest days of the recession. Who knows the ripple effect?
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