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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Tenchusatsu who wrote (458356)2/21/2009 4:12:12 PM
From: tejek  Read Replies (1) | Respond to of 1573851
 
Do you know that at the current rate of car buying, everyone's car would have to last 16-20 years? Anything is possible but I doubt the vast majority of Americans will be driving around in cars that old.

Think about that for a minute. Can that continue? Of course not.


That was my point.

People will have to replace their cars eventually, likely with more fuel-efficient, economic models. Demand will pick up on its own. The free market can still work.

Not if people don't feel safe and secure. People stopped buying in the Depression for many years. They made do with whatever they had. It can be done.

People have to believe that someone is in charge in DC and knows what they are doing. That's the attitude Obama is trying to convey.......cool and calm. Its intentional. Its what people need right now.

I've heard a tongue-in-cheek idea brought up. Obama can simply just go out there and talk up the economy. He can even sell his celebrity status via T-shirts, product endorsements, maybe even some TV guest appearances on shows like 30 Rock.


I am not saying that......much needs to be done. But a steady hand from him goes a long way.

Bottom line: the free markets are not the omnipotent tonic you all seem to think. It has its Achille heels like everything else.