It has come to my attention that people are talkin’ cars. Well, some people are talkin’ car culture, to be more precise. Something about young people’s interest in cars relative to Boomers, increasingly the most tired debate of them all. Now, the extremists among us will argue that to rectify this situation we should simply destroy every car built before 1980. And, honestly? It’s hard to argue with that. Old cars were inefficient, were often poorly built, are most certainly deeply unsafe and, worst of all, fun. Perhaps we should gather up a single example of each car, put them all in one place (we’ll call it The Cars Museum), and destroy the rest. Those who pine for a ‘68 Mustang can go to the Cars Museum and drive it, since cars at The Cars Museum will be maintained for this purpose. But! That is not my argument. No, I would never make that argument. Instead, let us consider the source of all of this most recent fretting about the kids and their cars, some newspaper called The Wall Street Journal, which says the youngs are getting their driver’s licenses in vastly fewer numbers than those a generation ago. It turns out that new cars are expensive, seems to be one issue. There’s also this, buried in the 17th paragraph: In addition, many face substantial student-loan payments, making them more cautious about big-ticket purchases. Total student-loan debt has soared to $1.5 trillion, surpassing Americans’ credit-card and car-loan bills. I don’t… [Read full story]
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