But hey! It's another sign of a bad economy... Only we've had a bad economy for all of Obama’s term, and it shows little sign of getting any better. QUICK: Let's keep federal spending at 25% of the GROSS NATIONAL PRODUCT!
Some days, I really wish there was an electro-shock on the voting button in Congress... Every time a congressman votes to spend us more in debt, they get a shock - the voltage set by the amount of dollars in debt the bill they are voting on sends us, in milivolts. Figure after the third ten billion dollar budget buster, they might even hesitate a moment or three before pressing the button for a trillion dollar debt package...
I’m in the market for a “new” car and used prices are clearly inflated.
Right now, I can buy a new car with a full warranty for a few hundred dollars more than a 2-year-old car.
In 2008, when I bought my last car, I got a 3 year-old SUV for about 40% of new($25k new for $11k), currently the discount is about 25%. I have seen ads for my current SUV with the same mileage (120k+) going for what I paid in 2008 — total insanity.
I’ve been buying used cars for 20+ years and can’t remember when it was a better value to buy new.
“Every time a congressman votes to spend us more in debt, they get a shock - the voltage set by the amount of dollars in debt the bill they are voting on sends us, in milivolts. Figure after the third ten billion dollar budget buster, they might even hesitate a moment or three before pressing the button for a trillion dollar debt package...”
I have thought a variation of this would be a good way to hold down spending. The people whose senators voted for more spending would pay more in taxes, and those in states whose senators were frugal, would pay less. Put a formula in place to accomplish that, and see how the spendthrifts change their tune.