Topic: Car Allowance Rebate System
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In Pictures: Gas guzzlers
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Auto sales: seven cars in fast lane despite slow economy
Auto sales in the US fell sharply in August, compared with numbers that were juiced a year ago by the federal "cash for clunkers" incentive program. But when you compare sales so far this year with the first eight months of 2009, industry sales have at least moved in a positive direction. Here are the top-gaining models for each of the seven biggest car sellers.
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Where unemployment is falling: a tale of six 'most improved' states
In July, the unemployment rate declined in more states than it rose. The changes were not dramatic, but this news from the US Labor Department on Friday highlighted the uneven pace of economic recovery in the 50 states.
Here's a look at six states that have made the most headway against unemployment this year. The beginning of the year arrived when the total number of US jobs had reached a recession-related low point.
This tale of six states reveals trends that are taking root elsewhere in the economy.
All Content
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The Daily Reckoning
The dollar is in decline. So how to invest it?
The Federal Reserve's role should be to protect the value of the dollar. But the dollar has been in decline for most of the last century.
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Electric cars, hybrids see record sales
Electric cars like the Nissan Leaf and Chevy Volt and hybrids like Toyota's Prius C and Camry are selling better than ever. Automakers sold a record 52,000 hybrids, electric cars in March.
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Consumer Energy Report
Do energy subsidies actually work?
Governement subsidies are largely social experiments without any guarantee of success. Some pay off royally, while others are a waste of time and money.
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Green Economics
California's high speed rail hits a speed bump
The head of California's multi-billion dollar high speed rail project has resigned, and the question remains: can the state really finance such a big project?
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Lessons from Detroit Three's surprise comeback
Car and truck sales surged in November for General Motors, Ford, and Chrysler. The reasons for their rebound from the gloom of 2009 provides lessons for other American industries.
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The New Economy
Spend or cut to boost economy? US can do both. Smartly.
Deficit-cutting 'super committee' and Obama jobs plan don't have to work at cross purposes.
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Paper Economy
Here we go again
The Obama administration keeps proposing policy initiatives that didn't work the first time
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The Circle Bastiat
Banks bulldoze houses, despite millions being homeless
Bank of America and others plan to raze repossessed, vacant homes in some cities. Is demolition really an ethical solution?
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The Circle Bastiat
Gee, why the sudden shortage of used cars?
Perhaps Cash for Clunkers has a little something to do with it
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In Pictures: Gas guzzlers
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Top Google search terms for 2010: Chatroulette beats Justin Bieber
Tech terms such as 'iPad' and 'iPhone 4' dominated the most popular Google search terms, with 'Justin Bieber' and 'Glee' making a strong showing, too. But what's Chatroulette?
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Hyundai Sonata: Steering hazard causes recall
Hyundai Sonata recall involves 139,500 sedans from 2011 model year.
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Green Economics
Council of Economic Bloggers?
President Obama has a formal Council of Economic Advisers (CEA), plus informal access to every economic blogger out there. Are these intellects used to create new plans or justify old ones?
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Paper Economy
It's over, Johnny! Over!
The numbers are in: the recession ended more than a year ago, in June, 2009. What does that mean for the future?
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The Daily Reckoning
Extend and pretend
The government continues to extend credit, cash, and bailouts to the undeserving, then pretend that everything is fine.
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The Daily Reckoning
Dr. Doom predicts double dip over 40% likely
Nouriel Roubini, sometimes called 'Dr. Doom,' foresees zero growth and severe deflation.
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Auto sales: seven cars in fast lane despite slow economy
Auto sales in the US fell sharply in August, compared with numbers that were juiced a year ago by the federal "cash for clunkers" incentive program. But when you compare sales so far this year with the first eight months of 2009, industry sales have at least moved in a positive direction. Here are the top-gaining models for each of the seven biggest car sellers.
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Ford sales drop 5 from July over buyer worries
Ford sales dipped 5 percent in August compared with July as consumers continued to hold off on big purchases.
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The Reformed Broker
Sand castle stimulus reclaimed by the tides
Stimulus programs only worked as long as the money poured in. When the tide of cash rolled back out, the sand castles had melted away.
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Where unemployment is falling: a tale of six 'most improved' states
In July, the unemployment rate declined in more states than it rose. The changes were not dramatic, but this news from the US Labor Department on Friday highlighted the uneven pace of economic recovery in the 50 states.
Here's a look at six states that have made the most headway against unemployment this year. The beginning of the year arrived when the total number of US jobs had reached a recession-related low point.
This tale of six states reveals trends that are taking root elsewhere in the economy.
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Obama: Detroit auto bailout was unpopular, but it worked
Obama visited Michigan Friday, responding to critics who say the government shouldn't have spent taxpayer money to rescue the Detroit auto industry.
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Paper Economy
The stimulus hasn't fixed the economy. What will?
Have we reached the end of the “shock and awe” simulative effects? If so, what can the government do next to support the economy?
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ThinkMarkets
'In the long run, we are all dead': What did Keynes really mean?
The impression that Krugman wants to convey is that only the stimulus-crowd wants to make things better now, but is he right?
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Paper Economy
Will industrial production growth trend outlast stimulus funding?
With the the stimulus now waning, it will be important to watch the trend in industrial production to see how sustained the growth is.
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Surprise! Ford, GM post sales gains by making cars people want to buy.
Two months into an uncertain recovery, Ford and GM show they’re building cars that attract buyers. Chrysler slides.








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