Friday, January 20, 2012

So, what was all that about, again?


In the news today:

Americans are holding onto cars and trucks longer, pushing the average age of a vehicle to a record 10.8 years.

The Polk research firm said Tuesday that the average age of a car last July was 11.1 years, while the truck average was 10.4.

Unemployment and the sour economy have caused people to put off buying cars and trucks.

And $3 billion poured down the drain of Keynesian gimmickry ain't gonna change any of that.

1 comment:

K T Cat said...

We need another Cash for Clunkers!