People having more money means that they will be able to spend more, I already went over this a little. So that means that all companies will benefit from this. Car companies can take more chances and make new and unique cars, they can add more power and take more chances, knowing that everyone will have more money to spend.
There are plenty of family cars out there, but it is about time that some of the companies such as Toyota, start taking chances and produce a car for the car enthusiasts and tuners. A tuner is a car fanatic that loves performance cars, they take a car and upgrade all parts to after-market parts to make it faster and more unique. Toyota's last sporty cars were the Celica and Supra. They discontinued both cars because sales were dropping, and that was a few years ago. Today, there are a lot more can enthusiasts and tuners that are looking for a future Supra and all sorts of sporty cars to modify.
This is the new Hyundai Genesis coupe that will be released in the beggining of 2009. Hyundai gave the car to a company that specializes in modifying cars. The company is HKS, and here is what they did to the car.
1 comment:
Okay, so normal people can spend more, but they're going to spend it on a new family car that gets better mileage than the one they're currently driving. No normal regular family is going to get enough back to start buying crazy specialized cars.
And since the rich people are going to have less money, they certainly won't be splurging on crazy new cars either.
Plus, since the car companies are large businesses and thus considered 'rich,' they're going to be taxed more too, so where are they going to get the money to "take chances" and "produce a car for car enthusiasts" - the car companies' business is suffering enough already, so they need to market to a wider audience than one that won't be splurging on new cars anyways.
I don't understand how this economic plan is in any way helping the economy as it hurts businesses, who in turn won't be able to develop the products that the middle class (who will have slightly more money to spend) wants and the upper class won't be spending as much since the government will be siphoning more away from them.
Socialism is pretty much an all around bad idea.
Plus Obama is "cutting taxes" but wants to have all of these new government programs to help people - where in the world does he think he's going to get the money for all of that if he's bringing less in through taxes?? And hello - how about working on reducing national debt instead of adding to it??? k that's my rant, I'm done now :P
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