Vienna

Half of U.S. Consumers Delaying New Car Purchases

I think that they partly deserve it yes - but how to deal with the secondary effects.

In Europe we always had very tight rules on which people where allowed to found a company. If you would want to be a constructor you would have to pass quite a few test. In the US you would shout government regulation, communism - remove it.

BUT - we consider it is better to have the people tested that work, than rather to have to fix a lot of houses and find out that someone was not performing.

This could be done with regulations, like higher tax for non fuel efficient cars, or higher gas prices since 20 years as in EU (we realized that oil is a limited resource). Well now this has to be fixed.

I hope that the US stop behaving like arrogant world leaders as they where doing while I was in the US working in Automotive Industry. Will you take the time available to adapt the production lines and technology (no it is not health or pension, in Europe we pay 1€ social cost for every 1€ the employer receives).

And do not do the same old procedure - hope that price of oil will go down to speed up economy - NO - you will need to do this with a lot of energy and now-how by the people involved, and not bet on any external force to help you.