[quote=no_such_reality]flu, that looks like a really long way of saying, Government spending is replacing real growth with house of cards growth.
Or it’s just fancy clothes and dates on a credit card.[/quote]
I’m an enginerd, not a writer. But yes, that’s what I was trying to say. But that’s the entire problem.
Cars, specifically new cars, is a discretionary item. So to prop this up, government buys more GM/Chrysler cars and we start selling to people here in the U.S. who can’t normally afford/qualify to buy? How is this any different that what has happened before? Maybe I’m just crazy to think this strategy of “growth” is completely insane.
Anyway, didn’t mean to take this thread in a detour….
But the other issue right now is inventory is just bad.
