Quote:
Originally Posted by Baraka_Guru
At least the country isn't sitting on a huge inventory. That in itself is a common indicator of a recession. When people need to replace their cars in the near future (it will happen), where will those cars come from? Oh, maybe Detroit, for one.
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This isn't entirely true - the dealerships have certainly reduced their inventory through this program. However, the union contracts REQUIRE that X number of cars are produced a day/week/month. Thus, the program has simply moved the inventory from the dealers to the car company warehouses. I've seen images of OCEANS of new cars in parking lots waiting to be shipped to dealerships who aren't buying.
This program will go down in history as gallactically stupid (and unconstitutional).