The Blame Game

Pointing fingers is something we tend to do a lot more often these days. With the economy taking such a nasty downturn the past two years, the community would love nothing more than to point the finger at somebody, make someone responsible, have someone fess up and explain why we are going through the roughest of times lately. Healthcare, housing, jobs and automobile industry, have been the topics of discussion all over the United States. Wall Street has been labelled as the big green monster eating away at our hard earned money and a lot of us are just not trusting our government and where our money is going.

The automobile industry has really had a difficult time because they have been a part of that collapse of Wall Street, when major auto company owners were exposed for living the good life while their employees and companies were tragically failing. Consumer confidence was at an all time low and more than the Internet is to blame, I think that is the main issue at hand. Families where the primary provider has lost their job, cannot afford to make expensive car payments as they are trying to keep their homes, therefore, nobody is going out buying buying buying and instead are trying to save save save, which is a culture unknown to our generation. Another reason is also, a very significant, new wave of "green" consumers. From celebrities to common folk, everyone seems to have been bitten by the bug, consumers, especially younger generation that are easily influenced, are looking for more cost effective, environmentally friendly vehicles that fit with their new lifestyles and when automakers could not meet these demands, sales ended up taking a slump.

Therefore I think the attitude of saving, being environmentally conscious, and having to make the tough choice between shelter and transportation have all lead to the consumer lack of trust in auto companies have all lead to the demise of the automobile industry. And did I mention the sky high gas prices?????

Till then......toodles!