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To: 2ndDivisionVet
Because people avoid new large expenses and new debt for as long as they can when they may be laid off at any time and know they won't be able to find a new job anytime soon.
The Prez may have his rose-colored glasses on, we in the trenches don't.

17 posted on 08/07/2013 4:04:42 AM PDT by BitWielder1 (Corporate Profits are better than Government Waste)
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To: BitWielder1

“Because people avoid new large expenses and new debt for as long as they can when they may be laid off at any time and know they won’t be able to find a new job anytime soon.”

That’s right (and is the same reason why Americans don’t have new children); apparently “cash-for-clunkers” was a complete bust.


33 posted on 08/07/2013 4:14:47 AM PDT by kearnyirish2 (Affirmative action is economic war against white males (and therefore white families).)
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To: BitWielder1
Because people avoid new large expenses and new debt for as long as they can when they may be laid off at any time and know they won't be able to find a new job anytime soon.

Bingo.

49 posted on 08/07/2013 4:25:45 AM PDT by Riley (The Fourth Estate is the Fifth Column.)
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