Pages - Menu

Pages

Tuesday

What bad economy? Car Sales are at a 2 year high point

It's getting better in spite of what "they" keep saying.
The economy appears to be heading up in spite of the doom and gloom from politicians and dismal failings of some college football coaches. Enough of the bad news, folks. We can talk ourselves out of this recession or we can talk ourselves in a deeper one - it's up to us.

The good news is that housing sales are actually up in many parts of the country. Employment numbers are also holding or going up too, including locally in Dayton, Ohio. Black Friday was a boon to retailers. Cyber Monday was super to online merchants. The Federal Reserve just reported that the total consumer debt load is down - and now comes word that auto sales, which drive major parts of the American economy, are up for the last six straight months of year-over-year gains according the The Detroit Bureau. And not only are more cars and trucks being sold, but consumers are paying higher prices for them too - a sign that they can afford it again?

It was Wall Street and Detroit that crashed the economy two years and both appear to be well into the black now and the rest of the economy is moving up too.

Numbers from Chrysler, Ford and GM all show increases in sales. The survey people at JD Power & Asc, who monitor auto retail sales, also reported the increase.

Maybe it's time for all the politicians to leave America alone so it can fix the economy without the bickering sideshow that Congress puts on the network news every night? Maybe, just maybe.

But they are still building cars and some of them come out as lemons, so we're still here too.

Burdge Law Office
Because life's too short to put up with a lemon