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Monday, January 6, 2014

Auto Sales Soar (Although Rest Of Economy Struggles)

Alan: American conservatives will go to their graves swearing 
on their mothers' graves
that the Detroit bailout was a cataclysmic mistake.

How can such persistently perverse people be trusted with the reins of government?

Austerity: The last cut is always aimed at the nation's throat.

***

Auto sales soar even as the rest of the economy struggles. "[C]heap loans and a surge in leasing have combined with pent-up demand to send the reborn industry soaring far above much of the still-struggling U.S. economy. Automakers sold about 15.6 million new cars and trucks in 2013, up about 8 percent from 2012...With the average age of the nation's auto fleet now approaching 12 years, getting a new car or truck is a growing necessity for many consumers." Michael A. Fletcher in The Washington Post.



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