Posted on 06/17/2017 5:00:39 AM PDT by Kaslin
Prices of cars can't go down very much if the manufacturers have stringent standards that must be met for every new car they make. They will cut production before they cut prices. You can see price changes related to supply and demand at work in the used car market, though.
Keep your finger crossed because the new CAFE standards are under review.
No, judging by the premium increases (on a policy that has *never* covered a medical expense), it looks more like a wealth redistribution scheme than anything else. I know darned well that the triple in premium price is going to subsidize “Cadillac” insurance plans for those who can’t afford the “Cadillac” insurance that everyone is forced to buy. Meanwhile, I am still paying out-of-pocket for actual health care. I have to take my son to a clinic today for a minor accident; insurance won’t cover a cent of it.
Yep. I am self-employed and when my coverage premium and deductible both about tripled I switched over to one of the Christian healthcare sharing ministries—so I don’t pay a penalty, but I technically don’t have insurance either.
Post #5.
Good observation.
thanks
The auto manufacturers are in the business of retirement and health insurance for their labor unions, making cars has become a sideline activity.
Compare the cost of living with an education to the cost of living without it.
Becoming better informed is the first step toward an education and the cost can be as little as an hour of your time.
To learn more about the Law of Supply and Demand I recommend Hillsdale College’s “Economics 101” on-line lectures and the companion publication, “A Capitalist Manifesto”.
An understanding of basic economics in a nation founded on Christianity and Capitalism goes a long way toward understanding both better.
Right — but for auto manufacturers, CAFE standards are a very small part of the regulatory burden they face.
I know that's been a running joke for years, but "retirement and health insurance for their labor unions" isn't a revenue-generating activity for these companies -- so it clearly isn't the core of their business.
Econ 101 bump.
5.56mm
That is not true the CAFE standards are making auto makers spend tons of money producing cars with questionable technology to reach an impossible goal. CAFE is the biggest problem they face.
I understand the mechanisms of supply and demand quite well. Economics is not rocket science. It is pretty basic stuff.
The author prefers an OPEC choking off the supply?
Bookmark
Agreed, economics is far more complicated.
Hey, once you've told God to "take a hike" and to "take His Irrelevant Laws (doesn't He know it is the 21st Century now?) with Him", then the Laws of Physics, let alone Supply & Demand, are child's play.
/s
Stunning Footage Of American’s Crumbling Infrastructure
Here’s the breakdown of the report card:
Aviation: D
Bridges: C+
Dams: D
Drinking Water: D
Energy: D+
Hazardous Waste: D+
Inland Waterways: D
Levees: D
Parks and Recreation: D+
Ports: C+
Rail: B
Roads: D
Schools: D
Solid Waste: C+
Transit: D-
Wastewater: D+
http://www.zerohedge.com/news/2017-06-18/stunning-footage-americans-crumbling-infrastructure
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