tag:blogger.com,1999:blog-1859345528889981553.post4645676135768106384..comments2023-10-19T01:44:50.017+01:00Comments on Liberal Polemic: Taxpayer loans to people who want new cars: Labour's latest bail-out wheezeLiberal Polemichttp://www.blogger.com/profile/05002372579024659424noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-1859345528889981553.post-4616471609433077292011-12-15T09:53:34.066+00:002011-12-15T09:53:34.066+00:00I really liked your blog and it is very informativ...I really liked your blog and it is very informative as well. The information you have shared is something people have to think make changes. Sometimes the government makes mistake that will become a real problem for the people. Anyway, thank you for sharing this information with everyone and keep sharing....bad credit auto loan USAhttp://www.guaranteedautocreditapproval.comnoreply@blogger.comtag:blogger.com,1999:blog-1859345528889981553.post-53185299715281246262009-01-18T10:38:00.000+00:002009-01-18T10:38:00.000+00:00The worry is that all these measures, however reck...The worry is that all these measures, however reckless we may think they are, are quite likely to have a (very) short term favourable effect - another mini boom if you like. And once the politicans catch sight of that they will be emboldened and go even further. <BR/><BR/>In the States Paul Krugamn is already decrying Obama's and Congress' draft stimulus plans on the grounds that they may not be enough to revive the economy. Hence even now he is making excuses to cover his own back if his own policy proposals (which the stimulus plans largey reflect even if he had no direct involvement) don't work once implemented.<BR/> <BR/>A while back I used to naively think that Labour created, and were still in power to respond to, this crisis. Hence for once we would see their/Keynesian policy recommendation be implemented and founder on economuic reality. Thus Keynesians would now keep quiet as they realised how wrong they were. Alas no. Self delusion and a refusal to accept the evidence of their own eyes seem set to obstruct any return to common sense.not an economisthttps://www.blogger.com/profile/08679610738502901666noreply@blogger.comtag:blogger.com,1999:blog-1859345528889981553.post-86978319540572601302009-01-17T12:17:00.000+00:002009-01-17T12:17:00.000+00:00Motives of government you must realise are mixed: ...Motives of government you must realise are mixed: avoiding a crash in employment now, retaining skilled organisations, fighting off a depression and deflation, holding on to votes, preparing for the reduced economy to come... Honda's decision to go for a 4 month production shutdown rather than making people redundant now (and then hoping to be able to take them on again once the stock of cars has been run down) is a private sector equivalent. Of course car prices have dropped and will drop further - and manufacturers have to adjust to that. So we see some immediate actions that true free marketeers abhor, but that's life and government.dreamingspirehttps://www.blogger.com/profile/00324207120279777521noreply@blogger.comtag:blogger.com,1999:blog-1859345528889981553.post-26486154900332026922009-01-16T10:25:00.000+00:002009-01-16T10:25:00.000+00:00The solution to "today's problem" is to allow the ...The solution to "today's problem" is to allow the prices to fall to the market rate. Using taxpayer money to provide easy loans is a subsidy to car manufacturers at the expense of taxpayers.<BR/><BR/>If the aim was not to protect car manufacturing jobs (at the expense of other jobs, though that is never admitted) then the government could simply allow manufacturing to contract knowing that in due course the cars will sell.Liberal Polemichttps://www.blogger.com/profile/05002372579024659424noreply@blogger.comtag:blogger.com,1999:blog-1859345528889981553.post-12332100316835858712009-01-16T09:39:00.000+00:002009-01-16T09:39:00.000+00:00Your argument about maintaining the car industry a...Your argument about maintaining the car industry at the 2007 size is fallacious: they know that it has to shrink. But today's problem is the stock of unsold cars - that is what has to be shifted this year.dreamingspirehttps://www.blogger.com/profile/00324207120279777521noreply@blogger.com