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.
[Image]
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.
"OBAMANOMICS 101: Four out of Five Americans aged 18 to 34 say economy makes it hard to afford a... car"
2 Comments -
I don't feel a bit sorry for them.
12:18 AM
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.
1:11 AM