Page 52 of 59 FirstFirst ... 2425051525354 ... LastLast
Results 511 to 520 of 586

Thread: Obama says he cannot guarantee Social Security checks will go out on August 3

  1. #511
    global liberation

    ecofarm's Avatar
    Join Date
    Jun 2010
    Location
    Miami
    Last Seen
    Today @ 12:33 AM
    Gender
    Lean
    Independent
    Posts
    66,420

    Re: Obama says he cannot guarantee Social Security checks will go out on August 3

    Quote Originally Posted by BDBoop View Post
    When I was home, we had two Toyotas that we drove into the ground over the course of six years that cost $500 each. Good times.
    Let's be fair, if you didn't have to dump a couple grand in each of those to keep them going, you were lucky. Further, you probably got terrible gas mileage, perhaps had messed up emissions and most certainly there were safety issues (tires, brakes, structural damage, cracked windows, etc). Pretending that cheap cars are, well, cheap is naive. You're playing the car lottery and got lucky, that's no excuse to claim a stable market as such exists. Buying a car for such a price is usually a blunder, and examined over the long term, very rarely a good deal. It's more fair to use the circumstance quoted above to demonstrate how the poor are stuck in a vicious cycle of over-expediture with low-quality products.
    Last edited by ecofarm; 07-18-11 at 03:39 AM.

  2. #512
    Banned
    Join Date
    Jun 2010
    Last Seen
    05-06-12 @ 11:12 PM
    Lean
    Other
    Posts
    9,800

    Re: Obama says he cannot guarantee Social Security checks will go out on August 3

    Quote Originally Posted by ecofarm View Post
    Let's be fair, if you didn't have to dump a couple grand in each of those to keep them going, you were lucky. Further, you probably got terrible gas mileage and had perhaps messed up emissions. Pretending that cheap cars are, well, cheap is naive. You're playing the car lottery and got lucky, that's no excuse to claim a stable market as such exists. Buying a car for such a price is usually a blunder, and examined of the long term, very rarely a good deal.
    We didn't, and it wasn't luck. They build cars that good back in the day. Plus, the mister was a backyard mechanic. And yeah, we did have to pass emissions tests.

  3. #513
    Sage
    cpwill's Avatar
    Join Date
    Dec 2009
    Location
    USofA
    Last Seen
    Yesterday @ 11:03 PM
    Gender
    Lean
    Conservative
    Posts
    57,148

    Re: Obama says he cannot guarantee Social Security checks will go out on August 3

    Quote Originally Posted by Boo Radley View Post
    I prefer used cars, and will be buying one tomorrow. Who says they are more expensive? Where?
    the price of used cars went up due to the drop in supply and the competing buyer. though I am of a like mind as you when it comes to the superiority of purchasing used vehicles.

  4. #514
    Sage
    cpwill's Avatar
    Join Date
    Dec 2009
    Location
    USofA
    Last Seen
    Yesterday @ 11:03 PM
    Gender
    Lean
    Conservative
    Posts
    57,148

    Re: Obama says he cannot guarantee Social Security checks will go out on August 3

    Quote Originally Posted by Boo Radley View Post
    In 2000, I bought a junker for $1000. Got three years out of the car. I'm looking at one tommorow, equivilent, for $800 (I bet he'll take $500). Doesn't seem that much different to me. Still, the problem you allude to is the price of scrap, and not as CP suggested that Obama made them more expensive. Am I wrong?
    The clunker program could cause prices to rise 5% to 10% more, especially for vehicles worth $4,500 or less, says Alec Gutierrez, senior market analyst for Kelley Blue Book. "It's going to drive prices up of some of the most affordable vehicles we have on the road."...

    The much ballyhooed Cash for Clunkers program has had the unintended consequences of driving up the cost of new and used vehicles and used auto parts, according to independent studies of the auto markets.

    "Cash for Clunkers" Provides Windfall for Some, High Prices for All, According to Edmunds.com

    etc. and so on and so forth. The Obama Administration never really seems to have gotten the hang of the fact that static scoring has low fidelity to a dynamic economy.

  5. #515
    ANTI**ANTIFA
    ReverendHellh0und's Avatar
    Join Date
    Sep 2007
    Location
    Temple of Solomon
    Last Seen
    12-15-17 @ 06:22 PM
    Gender
    Lean
    Libertarian
    Posts
    75,740

    Re: Obama says he cannot guarantee Social Security checks will go out on August 3

    Quote Originally Posted by American View Post


    Actually it is the democrata who are currently giving the oK tomfeedimg achool kids dog food via the school lunch program.

    Pink Slime and Ammonia: Two Main Ingredients in Some Ground Beef - Planet Green
    Let evil swiftly befall those who have wrongly condemned us

  6. #516
    global liberation

    ecofarm's Avatar
    Join Date
    Jun 2010
    Location
    Miami
    Last Seen
    Today @ 12:33 AM
    Gender
    Lean
    Independent
    Posts
    66,420

    Re: Obama says he cannot guarantee Social Security checks will go out on August 3

    Personally, I'm more comfortable with them consuming byproducts.

  7. #517
    Sage
    Boo Radley's Avatar
    Join Date
    Dec 2009
    Last Seen
    11-22-17 @ 04:22 PM
    Gender
    Lean
    Liberal
    Posts
    36,858

    Re: Obama says he cannot guarantee Social Security checks will go out on August 3


    AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.

  8. #518
    Sage
    Boo Radley's Avatar
    Join Date
    Dec 2009
    Last Seen
    11-22-17 @ 04:22 PM
    Gender
    Lean
    Liberal
    Posts
    36,858

    Re: Obama says he cannot guarantee Social Security checks will go out on August 3

    An newer article. Notice the resons cited for prices today:


    The Kelley Blue Book web site reports that prices for fuel-efficient compacts and subcompacts dropped 1% to 2% in June — about in line with the overall used-car market. But analysts project that overall prices — which have been up sharply this year — will go down only about 3 to 5% more by year’s end, while small, high-MPG models will drop an average 15%.

    Why the turnaround? Used-car prices rose this spring in reaction to both near-record gas prices and supply shortages resulting from the Japanese earthquake and tsunami. Those shortages hit high-MPG cars produced in Japan in particular; as a result, prices on fuel-efficient used cars jumped. Now, however, Toyota, Nissan and other Japanese automakers say they expect to resume full production by September — hence the falling price forecast as supply eases.



    Read more: Used-Car Prices Set to Plunge for High-MPG Cars - CBS MoneyWatch.com

    The cause for the dip in costs is likely due to the fact that gas prices are starting to come back down after reaching especially high levels. If gas prices continue to drop or stay where they are Kelly Blue Book believes used car prices will fall by around 5 percent by the end of the summer. With that in mind, industry insiders suggest waiting a few months to make purchases.

    Used car prices on the way down | Auto Industry News News from New Jersey State Auto

    AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.

  9. #519
    Sage

    Join Date
    Jul 2009
    Last Seen
    05-16-15 @ 02:32 PM
    Lean
    Undisclosed
    Posts
    12,537

    Re: Obama says he cannot guarantee Social Security checks will go out on August 3

    Quote Originally Posted by Boo Radley View Post
    An newer article.
    Notice the resons cited for prices today:
    dept chair, huh?

  10. #520
    Sage
    Taylor's Avatar
    Join Date
    Aug 2009
    Location
    US
    Last Seen
    Yesterday @ 11:31 PM
    Lean
    Undisclosed
    Posts
    6,170

    Re: Obama says he cannot guarantee Social Security checks will go out on August 3

    Quote Originally Posted by cpwill View Post


    wow. someone outside the administration actually claims cash for clunkers was a success.

    Cash for Clunkers didn't save a single American job. All it did was shift when people bought new cars - and furthermore, it made used vehicles more expensive for the ranks of the un and under employed who now need cheaper vehicles. Auto sales slumped way below historic averages after the program. Furthermore, 8 of the top 10 selling vehicles were made by Japanese and South Korean companies
    Not to mention that it added to the deficit. Given that most people who took advantage of the program were going to buy new cars anyway... one estimate found that the true stimulative effect (getting ppl to spend money they otherwise would not) worked out to about $24,000 per car.

Page 52 of 59 FirstFirst ... 2425051525354 ... LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •