Sold in China: Stimulating Auto News
Apparently, China’s auto stimulus is outdoing ours — the Chinese have bought more cars than Americans in the past three months. The country also has halved the tax on new cars, from 10 percent to 5 percent. Now, this may seem an impressive achievement for the Chinese; Newsweek business writers definitely think so. But China does have ONE BILLION more people than we do. I am no economist, not even close, but doesn’t population figure into the equation somehow?
I Got Your Comment Right Here...
Hey Scott. I think you might consider franchising your idea. Take good notes - cause you are doing a great job. Here a stimulator's dream. Check out Paul Glover and Ithaca Hours - community economic stimulus money printing project that started years ago in Ithaca and still continues - although Paul Glover moved to Philly after starting a local health insurance called Ithaca Health Fund. He'd be good to interview. Human interest: History of community economic stimulus projects.
Great Job.
April 30th, 2009 at 9:08 am
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