It’s an Obama World… Most Americans Can No Longer Afford New Cars

"No big deal. Most Americans don't need one since they don't have a job. But wait, didn't Nancy Piglosi say that the more people on unemployment is good for the economy? Doesn't help when it comes time to buying a car though. She is just pure genius when it comes to economics. And let's not forget the Cash for Clunkers libtard program that took perfectly good cars out of the used car
market thus driving up their costs. Yeah, take those gas guzzlers out of circulation and lets buy those great electric machines. Gotta tell ya, Hussein is an equal opportunity screwer. And now, let's raise the price of gas so people can't afford to run a car let alone buy one. Ah yes, Hussein's marxist plan is right on schedule and is making us all equally poor. We should all work according to our  needs and receive according to our needs. How much time will it take before we start to look like all the other communist shit holes in the world. Not long I fear." MC


It’s an Obama world.

A 2011 study found that Obama’s green mandate will add $10,000 to the price of new cars, and eliminate 260,000 jobs.
Now this…
A majority of middle class Americans can no longer afford a new car.
CNBC reported

Looking to buy a new car, truck or crossover? You may find it more difficult to stretch the household budget than you expected, according to a new study that finds median-income families in only one major U.S. city actually can afford the typical new vehicle.
The typical new vehicle is now more expensive than ever, averaging $30,500 in 2012, according to TrueCar.com data, and heading up again as makers curb the incentives that helped make their products more affordable during the recession when they were desperate for sales.
According to the 2013 Car Affordability Study by Interest.com, only in Washington could the typical household swing the payments, the median income there running $86,680 a year. At the other extreme, Tampa, Fla., was at the bottom of the 25 large cities included in the study, with a median household income of $43,832.