TreasonousBastard
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Sat Dec-05-09 12:41 PM
Response to Reply #3 |
| 10. Bingo! Much to the disappointment in some quarters... |
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the US has NEVER shown any real interest in fuel efficiency, and even less if it means the slightest inconvenience or loss of perceived status. After some people discovered smaller cars during Cash for Clunkers, they immediately started complaining about how small and miserable the econoboxes were. Same thing happened in the gas crunches of the '60s and '70s.
It's not the want of big cars and trucks that dives during gas crunches, it's the lack of ability to pay for them that drives the demand curves.
The sorry truth is that Ford, GM, and Chrysler had been making exactly what Americans want, but got caught when Americans suddenly couldn't buy them any more.
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