dagblog - Comments for "A Good Clunker is Hard to Find"

Let's see if tomorrow brings

Donal — Sat, 18 Sep 2010 23:11:25 +0000

In reply to The actual ads keep changing,

Let's see if tomorrow brings Monsanto ads.

Studies like this one are why

quinn esq — Sat, 18 Sep 2010 22:50:53 +0000

In reply to A Good Clunker is Hard to Find

Studies like this one are why academic economics - in particular, any studies touched by the dough-heads at Business Schools - are considered by most sane people to be... rubbish.

Take this lovely little quote from page 6, "Given our reliance on low CARS exposure cities as a control group, if the CARS program had an aggregate level effect on the entire economy, our empirical strategy would be unable to detect it." And yet, their study is designed to tell us whether the stimulus worked.

And yet, their conclusion is that "massive government intervention" provides no long-term effect. Which - in fact - their study does NOT show. I really hate to break the news to these dullards, but if you intervene in a recession - even just by bringing forward in time purchases to be made later - you can produce effects which lead to higher long-term growth, overall.

Think of it the way you'd think of intervening in a child's life - at age 8, say - where it might make a huge difference - even as compared to if you intervened at age 18.

Can we PLEASE take economics back from these freaks?

The actual ads keep changing,

acanuck — Sat, 18 Sep 2010 22:36:08 +0000

In reply to While we're evaluating

The actual ads keep changing, but there's a distinct automotive trend.

While we're evaluating

acanuck — Sat, 18 Sep 2010 22:34:36 +0000

In reply to A Good Clunker is Hard to Find

While we're evaluating stimulus effects, Donal, look to the right at the way your post has influenced dagblog's Google ads. Similar thing happened after the recent thread about firearms and the second amendment: big display gun-range ad. The rest of the economy may be in the toilet, but dagblog's bottom line is looking healthier by the day.

I was kind of a fan of cash

Richard Day — Sat, 18 Sep 2010 22:20:39 +0000

In reply to A Good Clunker is Hard to Find

I was kind of a fan of cash for clunkers and I would assume its the repub paid 'experts' who pooh pooh any value in the program.

Same as the other stimulus packages. The repubs say:

See, it does not work!!

Give millionaires tax breaks and everything will be fine.

Even though that is not what happened this decade at all.

Then there is the hope thing that is hard to put your finger on.

Don't just stand there; DO SOMETHING.

Can't find affordable used

cmaukonen — Sat, 18 Sep 2010 21:07:28 +0000

In reply to A Good Clunker is Hard to Find

Can't find affordable used cars eh ?? You mean there might still be a market for my nearly 14 year old Subaru ?

Hummmmmm