When Intervention Creates Uncertainty
By Kevin
Michael Karesh warns:
Unless you must have a car now, if you are considering a domestic car–or even any car that directly competes with a domestic car–I would wait. Many proposed measures to save the domestic auto industry would have the effect of cutting car prices by thousands of dollars. If you buy a car now, you could pay thousands more.
Debates about bailing out automobile companies: Free
Same debates incentivizing people to stop buying cars: Priceless