automobile industry « Frugal Café Blog Zone

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Recession Has Created Bigger Demand & Higher Prices Now for Used Cars, Thanks to Poor Economy

| August 16, 2011

  Supply and Demand 101 — The demand for used cars has skyrocketed during Obama’s Era of Hopenchange. Not only has the disastrous economy hurt new car sales, but the government’s Cash for Clunkers program in 2009 took thousands of used cars out of circulation. This has driven up the market demand for used cars, [...]

Stop Golfing Already: America Losing Patience with President, Even Obama’s Supporters, About the Economy — Prez Approval Index at Minus 16

| June 12, 2011

America is losing patience, Mr. President. Get off the golf course.   From Yahoo News, With Obama doing little on jobs, allies grow frustrated: In the wake of last week’s disastrous jobs report, allies of the Obama administration are expressing extreme frustration at what they see as the White House’s inaction on the issue. But [...]

Detroit’s Economic Nightmare Continues: Leads Nation in Unemployment & May Have to Close Half Its Schools (video)

| January 18, 2011

  The nightmare continues in Detroit. Detroit’s economic problems may soon necessitate the closing of half its public schools. Recap of some of the horrific financial woes for the Motor City — just the tip of the iceberg: Continuing unemployment problems (the Detroit area continues to lead the nation in unemployment numbers for cities with [...]

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