The big bugaboo with these control freaks is your car. Your vehicle is a symbol of choice and independence; the escape pod from their smart growth mother ship. And like the days of yore, these feudal lords will devise all sorts of schemes to keep the serfs on the manor grounds.
Have you noticed that you can’t find an affordable used car as of late? Well, we can thank the Cash for Clunkers program for that. You’ll find all sorts of articles by the cheerleaders in the press pontificating on the low inventory, except of course the most obvious and destructive program that led to this mess. Not only did the Cash for Clunkers eliminate an affordable alternative for transportation, it also destroyed the used parts market.
And to make matters worse, Obama is demanding higher gas mileage on new vehicles. And guess what the consequences are for that?
The Corporate Average Fuel Economy (CAFE) regulations that President Obama announced last summer will make it impossible for 7 million lower income consumers to buy a new car according to a National Automobile Dealers Association (NADA) study released today.
The Corporate Average Fuel Economy (CAFE) regulations that President Obama announced last summer will make it impossible for 7 million lower income consumers to buy a new car according to a National Automobile Dealers Association (NADA) study released today.
“While you can mandate what automakers must build, you can’t dictate what customers will buy, nor can you dictate if a bank will make a loan,” New Mexico Ford dealer Don Chalmers said today.
Obama's proposed CAFE standards, which will begin taking effect in 2017, raise minimum average vehicle fleet fuel efficiency to 54.5 mpg by 2025. The Environmental Protection Agency and National Highway Traffic Safety Administration estimate that this regulation will raise the average price of passenger cars and light trucks by $3,000.
“The unintended consequences of the proposed fuel economy increases are clear,” NADA Used Car Guide analyst David Wagner said. “If the price of a vehicle goes up by the government estimate of almost $3,000, millions of people will no longer be able to finance a new vehicle.”
But that’s okay. The urban serfs have buses and light-rail to get around on. Just don’t make any plans to leave the manor grounds.
Source: http://prospect.org/article/reverse-commute-0
http://www.smartgrowthamerica.org/2012/02/14/obama-administration%E2%80%99s-support-for-partnership-for-sustainable-communities-revitalization-programs-in-fy-2013-budget-helps-create-great-communities-nationwide/
http://www.helium.com/items/807439-how-could-a-serf-obtain-freedom
http://www.nationalreview.com/planet-gore/275498/higher-used-car-prices-thanks-nancy-henry-payne
http://campaign2012.washingtonexaminer.com/blogs/beltway-confidential/obama-regs-cut-7-mil-car-buyers-out-market/477396
http://www.smartgrowthamerica.org/2012/02/14/obama-administration%E2%80%99s-support-for-partnership-for-sustainable-communities-revitalization-programs-in-fy-2013-budget-helps-create-great-communities-nationwide/
http://www.helium.com/items/807439-how-could-a-serf-obtain-freedom
http://www.nationalreview.com/planet-gore/275498/higher-used-car-prices-thanks-nancy-henry-payne
http://campaign2012.washingtonexaminer.com/blogs/beltway-confidential/obama-regs-cut-7-mil-car-buyers-out-market/477396
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