It's indeed ironic that the millennials who overwhelmingly supported Barack Obama are going to be those devastated most by his policies in the years to come.
It's not really the car that people can't afford. It's all the union benefits that the car has to pay for that make new cars so unaffordable to kids.
A typical car is something like 5 thousand dollars worth of machinery, 5 thousand dollars worth of labor and marketing, and 10 thousand dollars worth of union benefits.
I don't feel a bit sorry for them.
ReplyDeleteIt's not really the car that people can't afford. It's all the union benefits that the car has to pay for that make new cars so unaffordable to kids.
ReplyDeleteA typical car is something like 5 thousand dollars worth of machinery, 5 thousand dollars worth of labor and marketing, and 10 thousand dollars worth of union benefits.