tag:blogger.com,1999:blog-13279743.post4411890312066040931..comments2023-09-06T09:46:00.821-04:00Comments on Curses! Foiled Again!: Cash for Clunkers = FailJake (formerly Riposte3)http://www.blogger.com/profile/02976718318892210404noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-13279743.post-4010046451524235392009-09-15T11:47:09.428-04:002009-09-15T11:47:09.428-04:00Agreed, on all points.
Something even the "e...Agreed, on all points.<br /><br />Something even the "experts" don't really seem to talk about is the fact that anytime you have significant economic downturn, there's going to be a sort of "yo-yo" effect - something that happens with any naturally self-correcting system (like the free-market) that moves away from it's equilibrium point. It will overcorrect to above that point, then to below (but not as far as the original movement), then above, and so on until it stabilizes. Just like most systems, you can try to damp that oscillation, but you're probably better off letting it happen on it's own - especially in a system like the free market, where that equilibrium point tends to move around based on multiple factors.<br /><br />Trying to manually correct the original deviation tends to make those natural overcorrections even worse. I just hope the government hasn't seriously destabilized things.Jake (formerly Riposte3)https://www.blogger.com/profile/02976718318892210404noreply@blogger.comtag:blogger.com,1999:blog-13279743.post-55272286115911055452009-09-13T22:47:44.237-04:002009-09-13T22:47:44.237-04:00Hopefully we won't see a bullwhip effect.
Wit...Hopefully we won't see a bullwhip effect.<br /><br />With luck, the dealers didn't order extraneous inventory over the CFC generated sales spike.<br /><br />Also, we should hope that the American consumer hasn't decided that they will wait for the next CFC program to buy a car, as this will result a longer period of poor sales.Anonymousnoreply@blogger.com