Rich People Killed America’s Affordable Cars

    https://www.jalopnik.com/2147723/rich-people-killed-americas-affordable-cars/

    Posted by zsreport

    4 Comments

    1. A bit from the piece:

      >the policies that hollowed out the working class and left us with an economy that caters almost entirely to the wealthy didn’t magically rise out of the swamp and start messing with vehicular affordability all on their own. As the NYT . . . so clearly states, those changes began in the late 1970s, when the richest Americans finally began stacking up successes in their century-long quest to rewind New Deal Reforms and return to a pre-FDR world where regulations like “don’t get caught abusing your workers” and “don’t get caught poisoning the river” didn’t exist. Every success since has come because they convinced others those policies would make them rich, too, even though they haven’t.

    2. Banesmuffledvoice on

      Then quit protecting them and allow China to bring their cheaper EVs here.

    3. Some of the mega rich are the most evil people in the world. The Sackler family is knowingly responsible for tens of thousands of Americans dying from oxycodone and they got a slap on the wrist and a small to them fine.

      Many family fortunes have stories like this. Other families are not as evil but have a direct impact on your material life. That baseball stadium in your town… Probably built by taxpayers but materially increases the billionaire owner of the team’s net worth significantly. The pothole riddled roads you drove to the stadium and the decapitated school you pass was a choice to give your tax money to him instead.

      Walmart has a workforce that is subsidized with food assistance programs and welfare because the family that owns the store doesn’t want to hire staff full time to avoid benefit costs. They make the taxpayers pay for the workforce that makes them rich.

    4. sirpoopingpooper on

      You can blame finance folks in car companies who decided to abandon customer-oriented strategies and to abandon all but the highly profitable models. Now there are no entry points to the brand so the lower-end customers (who often become loyal higher-end customers later) are ignored…

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