For the first time in history, Americans scrapped more cars than they bought.
WOOOOOO-HOOOOOOOO!!!!!!!!!!!!
Meanwhile, liberals anguish. And Detroit is more worried than ever.
Of course, they tried to put a brave face on it: “It foreshadows what may be pentup demand.” Yeah, that’s it, pentup demand! They’ll be back in the showrooms in no time! Willy Loman would be proud.
While the article may be partially right in that any rebound in employment will result in more cars bought, I seriously doubt it will ever go back to the levels of the years just before the bust. There has been a growing awareness across the generations that the car-oriented lifestyle just isn’t sustainable on any level. People of all ages have discovered biking, transit & walking. Mature families are happily letting their 2nd car die, scrapping it, and not replacing it. Younger people are going without a car altogether and loving the economic freedom. Car sharing is booming (both formal & informal). And a growing number of people across the generations & socio-economic divides are determined to simply not own a car at all. No way. No how.
It’s over Detroit. Retool to build buses, streetcars & trains. Embrace the hipster entrepreneurs struggling to gain a toehold in your city. Establish urban farmsteading on those empty lots. Cherish your ruins and foster industrial ruins tourism. Let go of the dreams of the glory days of Motown. The days of mega-industry anchoring the economy of your city are over. Deal with it.
And if places like Madison, Wisconsin don’t get a handle on their car-mandatory development patterns (to the detriment of our schools and economic future, I might add), it too will suffer the fate of every other rust belt city of its size.