Total U.S. Auto Lending Surpasses $1 Trillion for First Time - is the heading

[question everything]

of the story in the WSJ.

What caught my attention, though, is this graph:




Look how student loans just keep rising faster than the rate of inflation, I am sure. Meanwhile, university presidents are earning a lot of money and coaches get their millions.

[riversedge]

1. average age of cars ....

Time to trade it in???

Table 1-26: Average Age of Automobiles and Trucks in ...
www.rita.dot.gov/...
Research and Innovative Technology Administration
Average age of automobiles: The R.L. Polk Co., Average Age of Vehicles on the Road Remains Steady at 11.4 years, According to IHS Automotive, available at http://press.ihs.com/news_releases/automotive as of May 26, 2015.

[Fred Sanders]

2. Essentially the amount of money spent on one war aircraft program would have paid for a decade of

free college education for everyone?

What happened to "return on investment", if taxpayers think the military, as half of government discretionary spending, should also be run like a business?

How come the military always gets a pass on accountability?

What kind of return would be better for the investment?

[Hydra]

3. Orwell brought it up on 1984

Basically, spending money on war machines is a way to keep available labor pouring into sources that do basically nothing. The money paid on materials and labor comes back into the system, but the rest stays in a machine that will probably never do anything other than consume upkeep resources.

Basically, it's a way to keep people busy and money tied up in ways that keep it out of the hands of normal people.