The Economics of ‘Clinging’ to a ‘Clunker’
There is more incentive than ever to “cling” to your “clunker” – as almost anything that’s old and paid-for is derisively styled by the people trying to shame-push you into a new car payment – and all that goes along for the ride. Including the surveillance/data-monitoring/driver-controlling “technology” (they always use that word to impart a kind of sophisticated mouth feel to electronics that infantilize).
But what about the disincentives?
Yes, there are some. But – for the most part – they are overhyped, like the cases! the cases! were during the “pandemic.” And for similar reasons. The chief one being to scare you into doing what they want you to do. In the case of cars, it’s to get you out of your paid-for “clunker” and into a new car payment. And also into paying more in taxes and insurance. It (everything) is almost always at bottom about money – and extracting more from you for the sake of them.
But what about those Big Repair Bills? The ones those who want to get you into paying regular bills – every month, for however many years they get you
Article from LewRockwell
LewRockwell.com is a libertarian website that publishes articles, essays, and blog posts advocating for minimal government, free markets, and individual liberty. The site was founded by Lew Rockwell, an American libertarian political commentator, activist, and former congressional staffer. The website often features content that is critical of mainstream politics, state intervention, and foreign policy, among other topics. It is a platform frequently used to disseminate Austrian economics, a school of economic thought that is popular among some libertarians.