Why Millennials are destroying the ____ industry, details at eleven.
Unregulated capitalism is why all this stuff isn’t sustainable, but it’s what capitalism ends up at on a long enough timeline.
The people willing to do anything for more wealth will keep accumulating more and more, and “lobbying” for legislation that lets them make even more.
Money is finite. All those billionaires don’t make money out of thin air, they take it out of the economy.
If they do too much of that, then no one else has money to buy anything. Without a large amount of consumers, every industry gets fucked. Because the rich don’t buy enough consumer goods to make up for the other 90% of people who can’t afford it
we should have way less children: less engineers to graduate, less companies compelled to hire new workforce then less car companies to exist. there are too many mechanics and mechanical engineers in this world. i think i am suggesting depopulation at this point so that represents another angle of the subject. if ur existence is fine, why would u go out of ur comfort zone and reproduce ? at this point not reproducing serves more one own kind than anything. but also the rich need to be taxed and taxes need to be used to ease people lived and make them retire early. nothing has changed if u reproduce and create free new labour force to serve ur local capitalist located next door. look up vw: agglomerating more than 30 car brands or so, salvaged from banktrupcy. they should in fact have stayed defunct and erased from existence, and yet…
Also taxes act as a filter so that gaining wealth is based at least somewhat on merit. The way we have it now anyone born into wealth of a certain level are guaranteed to retain and grow the wealth because taxes at the high levels are so low relatively. Unfortunately the adage "the first million is the hardest" is all to true. If your rich it should be your most recent million that is hardest. The higher you get the harder it should be. Just like anything else. Its like having our major leaguers playing T-ball.
earn ur first million by merit: pay people living wages and make retirement age at 50 and fund my retirement for the next 40 years beyond 50 and earn the fuck u want idc. wealth shouldnt all be centralized. at certain point wealth need to be taxed and tax revenue should be benefit other people in form of grants or something so they could also get a taste of rich life: the purpose of living is to enjoy it, not to centralize wealth to a single person
I think there’s also something to say about what a person is actually doing with their wealth. Some people have most of that wealth tied up in the ownership of their business, re-invest the profits to grow the business and provide reasonable wages and working conditions to their employees. That’s a lot different, in my mind, than the ones that own staffed mega-yachts, spend hundreds of thousands for a 20 min trip to the edge of space and back, or buy estates across the globe while their staff rely on food stamps.
I think stronger labour regulations and better unions are a big part of the solution. Common complaint that CEOs are lining their pockets by squeezing every ounce of value possible from their staff. Mandate better working conditions, and close the loopholes like arbitrary cut-offs for benefits eligibility(make it a sliding scale, someone working 0.75 FTE should get 0.75 value of the benefits package that full-time employees would) and we’d see that concentration of wealth slow down a lot.
i hate richard brenson and jeff bezos because they did shit to humanity with their wealth; at least elon have put his money into some beneficial industries, and is allowed to enjoy extravageous endeavours: let the boy have fun by buying twitter, and trolling the world, let him get a taste of his money. also working in a fullfillment center isn’t the same as working as an engineer for spacex: that job is physically crushing and people need to be paid well, be afforded exoskeletons, be retired early, ulike an engineer who is knwoledge is much needed and there is not much physical effort expected from his side, but again pay both accordingly
Geez. That’s crazy. My car was bought outright 15 years ago. I can’t imagine paying monthly on a car, to me a car is like a TV, you buy what you can afford. That meant I had a lot of junkers over the years, but I’ve never had a car payment and I’m very glad for that. I feel for the people these days, because even the junker cars are expensive enough that if I had to have a car now because mine died, I’d probably have to finance.
As long as it’s not taking more than you can afford financing can have many benefits. You can get a much better vehicle than you might be able to buy cash, and you don’t have to use money that could otherwise be used to invest or get other things all at once. The cost of a car loan and a reasonable rate isn’t all that high, and if you really wanted to you can pay it off sooner.
What would the interest paid be on a loan brought to term though? It has to be thousands of dollars. I’m a cheap bastard, that’s just too much of a risk for me. As long as I have a car, I just tuck money away for when I need my next one, which hasn’t happened in 15 years once I finally got a decent one. I’m hoping I can make this thing last another 10 or 15 too, it already gets better gas mileage than almost any combustion engine vehicle, and is up there with some of the lower hybrid vehicles, so there’s really nothing in a newer car that would be better for me.
No but really, unless you’re driving an American car getting 15mpg, there hasn’t really been any improvements in combustion cars that warrant buying a new one imho. Modern cars on average get worse gas mileage than my car, it’s now more expensive instead of less to get a manual, the “infotainment” systems are a plague on cars, honestly should be law that all controls are on physical dials and switches… It’s just a shit show.
If I went hybrid I’d get 10-15mpg more, but $40k for 10mpg is not worth it lmao, it would take me twenty years to save half that in gas, and plug in electrics are really only for the semi-wealthy who can drop thousands of dollars on the home they own (cause no landlord gonna do it) to install a charger. So for me, there’s really no reason to get a new car anytime soon.
If they brought back the S10 and made it get 40mpg I might change my mind, I do miss having a truck, but modern ones are just gaudy shit for wannabe country boys.
N-word? I’ve never posted that. And why are you posting irrelevant shit?
Modern pickups have grown in leaps and bounds as far as capacity. My F-150 has a carrying capacity of 1800 lb in the bed and an old F-150 would get snapped in half. It’s also a hybrid and I regularly get over 25 mpg versus pickup trucks with v8s or V6 is getting 16 or 18.
So… It can carry 10 people? Isn’t that only marginally more than a minivan? What the fuck were they making the old F-150s with that they were worse than a minivan?
It’s literally in the terminology. Half ton pick up truck half ton load capacity. They just keep making the metal better. the frame stronger. Additionally I am able to tow over ten thousand pounds. You can’t do that with a minivan. You also can’t fit most motorcycles inside of a minivan. And most lawn and garden tasks tend to be pretty dirty. And i’d rather not clean out the carpets.
Wow. Look, don't wanna rain on anyone's parade because I love hybrids, but I would still not buy a truck with one if that's all the improvement it provided. You know how expensive those batteries are to replace?
I’ve got a sailboat, and motorcycles. If I want to move things around I can do it easily. I’m comfortable and have plenty of room as well. Just because you’re traumatized doesn’t mean I don’t have the right to own something I can afford. I drive a tractor trailer around 6 days a week so it’s not like a pickup truck is anything more than a large car.
My opinion is that you don’t have a right to endanger other people for your own pleasure. It’s not just him. Many, maybe even most non-car users in the US have been hit by or had near misses with these excessively huge vehicles. They are too dangerous to drive in urban areas without a good reason. In my view they should require more rigorous licensing and be taxed heavily unless used for business purposes.
My cars are as old or older than my kiddos. ‘08 VW Rabbit (aka Golf) and a ‘13 Traverse. I want a slightly larger vehicle with a bit more room for the younger one’s car seat, but I can’t afford a payment for anything recent. Would like to jump ahead to at least 2018 models.
Personally I’d love to get a vehicle with more ground clearance than my current car (slightly modified Kia Rio Hatchback with ~ 7 inches) to something with like 10 inches to 12 inches.
I do a lot of hiking and backpacking so things can get a bit sketchy at times trying to get to a trailhead.
But damn prices are high on new vehicles so I’ll probably go with something 20 years old or older.
Wear and condition are more important than year in my book. Yes, age does cause some issues, but they are less common. I buy older low mileage cars that were well cared for. But they are hard to find. It sometimes takes months of watching.
Yeah honestly was looking at something like a 2018 GMC Terrain with higher mileage since I only drive about 3500 miles a year. If its got like 80k on the dial it wouldn’t bug me any. It’ll take yeeears before it hits 100k. But yeah I’d want something decent in condition.
We’ve had my wife’s car for a good 7 years (its ten years old now) and its still under 100k with it being the main family hauler. It’s the car that had priority to get fixed lol. Mines a little neglected since its mostly for around town or when i go in for work every so often.
Used cars are also getting to be insane. Try finding a ~5 year old Camry or Corolla in good shape for for less than 25K (CAD)these days, even the supply of $500 rusted out Crown Vic’s is drying up. I’ve even seen 10+ year old cars going for between 15-20K in my area.
Anecdata: this is also screwing with insurance. My sister got hit in a minor accident, we were sure the car was going to be written off since it’s 7 years old and more than three body panels would be replaced. But, the car had increased in value by $3,000 since she bought it five years ago, so they got to repair and keep it.
Yeah my current car is a 14 year old Kia Rio Hatchback and when I checked how much I could sell it for the price has actually gone up since I bought it 7 years ago
I know car prices are fucked over the past few year’s, but growing up I just couldn’t understand why anyone would buy a brand new car, especially in the age of the internet when you can easily learn about the things you need to check when buying used cars
I agree but you could easily fool me with the amount of brand new trucks and suvs I see driving around. Prices will not go down if everyone keeps paying them. And then there are people that can’t afford to buy groceries but they have their brand new jeep wagoneer that cost like $80k… that just further drives up prices because you have people that can’t afford it still paying the premium, still driving the demand, so the dealers can get away with charging whatever they want.
Seriously though, there’s some real insidious shit that goes on here in the US as far as mandates minimum fuel economy in large cars, which is definitely not helping this whole cost problem.
Basically, the US both nerfs requirements extremely quickly for more wasteful vehicles (such as SUVs and trucks) and nerfs the requirements within each individual category (like car, truck, mid-size SUV, etc) as the physical size of the vehicle gets closer to the max allowed size within that category.
This is a total win-win for automakers, as they can skate by with lower efficiency vehicles (reducing cost a lot) while making them physically bigger (not that much more expensive) and pocketing the difference. Oh and bigger is better so on top of that you just pay a fat-car tax straight to the automaker.
There’s no reason to ever buy a brand new car period. I say this while being someone who likes cars and is planning to buy a new car at some point. The only “reason”, if it even counts, to buy a new car is if you’re customizing a luxury/sports car and want it to your specifications. That’s it. Used cars work fine.
I think the tacet agreement between csr manufactuerers to let this price hike happen, and followed by Biden’s EV rules are just going to accelerate this problem. The working class is going to be forced out of driving very soon.
Even worse is that our European “low emissions zones” are forcing us to buy new cars (not seond hand ones). Al for the environment right? It is a 360€ fine every time we cross such a zone in an older car.
So if you can’t afford a new car, they fine you for it pretty hefty. Long live the rich.
man Europe is absurd in this regard: cars are almost the same for what ? 40 years or more ? only minor changes are implemented from a model to another. if cars were upgradeable there necessarily would be way less metal junk and everyone could afford a personal mean of transport
Low emission zones essentially just reduce the amount of cars where the zones are located - i.e highly urbanized areas with great non-car mobility options. While maybe not implemented in the very best way, they are on balance a positive policy.
Except it doesn’t were we live in Antwerp. Covid prooved that. Our emissions come from the port. During lockdown, it was a year with very little travel. Emissions stayed the same.
Where is there an LEZ that forces you to buy a ‘new car’? The ones I’m aware of require compliance with either fairly or very old emissions standards.
For example, in London, the ULEZ requires that petrol cars be Euro 4 (every UK vehicle since 2006 complies automatically) and diesel cars to be Euro 6 (mandatory for new cars since mid-2015). So, worst case, the vehicle needs to be newer than eight years old. More than 90% of vehicles driving into the expanded ULEZ area were already compliant before it became active.
Yes at least 8 years or younger. That is mad. You can afford a new car every 8 yrs? I cannot.
The statistics of the 90% are meaningless. You have to be dumb to drive a non-compliant car into a LEZ. So yea, 90% is complaint, I don’t need a statistic for that. I can also tell you that 90% of people who drink are thirsty.
You misunderstand the statistic. The 90% compliance measures cars that were driving into a future LEZ area. There was no need for any of those vehicles to be compliant at the time of measurement. The measurements were performed to analyse the impact that the new LEZ would have when introduced.
Additionally, I think it’s extremely misleading to say that you need to buy a new car every eight years. In this case, you might need to buy a used car that is already eight years old (or much older if petrol). They are not expensive compared to new cars. In the case of London there has also been a scrappage scheme to assist people, though this probably isn’t available everywhere.
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