So in other words, November sales were the highest because people could not buy in October, but there isn't really any change.
There is just nothing to write about in Forbes so they concocted a story.
posted on 12/03/2012 11:26:35 AM PST
(Rep. Tom McClintock (R-CA4) for President 2016)
More broken window fallacy thinking.
“Let’s have a disaster every month! That’ll get the economy rolling!”
posted on 12/03/2012 11:58:08 AM PST
(Barack Obama just won the right to be the Captain of the Titanic)
Dealer Inventory for GM rose 49,000 between Oct and Nov to record levels for the "New" GM of 788K. So if Inventory levels had stayed the same Sales would have declined by approximately 43,000. GM is channel stuffing on an unprecedented scale. Look for bargains in the New Year ! Zero Hedge
posted on 12/03/2012 12:07:46 PM PST
(Ingnorantia non excusat)
Hmmm, so most of these sales took place on the Sandy affected east coast? Sales must really suck in flyover country.
posted on 12/03/2012 1:17:24 PM PST
(Firearms and ammunition...the only growing industries under the Obama regime.)
Isn’t that just going to depress sales for the next few years? The increase in sales was people replacing their cars ahead of schedule, so the normal replacement sales that would have taken place for the next few years won’t happen.
posted on 12/03/2012 1:23:14 PM PST
("Oh, bother!" said Pooh, as he chambered his last round.)
Yup, clearly we need more catastrophic events to destoy all those old cars.
Then Detroit (uh... plus Toyota) would really thrive.
It’d do great things for the housing industry, too.
Not to mention all those hospitals and undertakers.
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