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Americans Love Their Cars (and Other People's Money)
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DATE:
2016-08-16 09:01:14
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Share The Viewa:visited { color: #00b9e7; } a:hover { text-decoration: underline !important; } a:hover#logo { text-decoration: none !important; } @media only screen and (max-device-width: 480px) { a[id=logo] { font-size: 34px !important; } body { width: 100% !important; } table { width: 100% !important; } } @media only screen and (min-device-width: 320px) and (max-device-width: 568px) { html { -webkit-text-size-adjust: auto; } td[id=content] { font-size: 18px !important; } body { width: 100% !important; } table { width: 100% !important; } }Share The ViewThe Latest Opinions From Bloomberg ViewAug 16, 2016bloomberg.com/viewFueled By Gasoline and DebtThe good news: Americans are buying more and more vehicles. The bad news: They're borrowing more and more money to do so. Mark Whitehouse says the latest consumer data suggest the U.S. economy is still on shaky foundations.The Tea Party Comes to an EndThe conservative faction faded as Donald Trump rose to power, and that's no coincidence. Francis Wilkinson charts the Tea Party's downfall, and considers what might come next for the movement's true believers.'A Lot of People Are Saying' Trump's a Democratic PlantAn outlandish claim? Of course -- but not by the Republican nominee's standards. Eli Lake examines the evidence for the theory that Trump is secretly trying to help Clinton win, and finds it a lot more credible than "Obama founded ISIS."All of a Sudden, Economists Are Getting Real JobsKeynes dreamed that someday economists would be more like dentists, and it looks like he's getting his wish. Noah Smith explains why microeconomists are increasingly heading to Silicon Valley to become "economic engineers."Two Lingering Suspicions About Government StatisticsThe unemployment rate isn't a "hoax," as some would have you believe, but economic data can be distorted for subtler reasons. Justin Fox examines two concerns that can't be easily dismissed.Ritholtz's ReadsClinton and Trump both embrace Keynesianism (Barron's)How Ronald Reagan zapped a recession with massive government spending (The Week)McMansions 101: What makes a McMansion bad architecture? (Worst of McMansions)(Read Barry Ritholtz's full daily news roundup.)Bloomberg GadflyPrivate equity's love affair with cableThis oil market hears what it wants to hearBond traders, your new government is Apple(Read more from BV's sister site for fast business commentary.)For more information, email view@bloomberg.net.For media inquiries, contact Jill Watanabe at +1-212-617-1610 or jwatanabe11@bloomberg.net.You received this message because you signed up for Bloomberg View newsletters.bloomberg.com/view | 731 Lexington Avenue, New York, NY 10022 | Contact Us | Unsubscribe <a href="http://link.mail.bloombergview.com/click/7395055.18715/aHR0cDovL3d3dy5tYWlsLmJsb29tYmVyZ3ZpZXcuY29tIg/55086a4c3b35d051538c37ccBdb8bb470><img src="http://link.mail.bloombergview.com/img/55086a4c3b35d051538c37cc4ei27.efv/f8cd104d.gif" alt="" border="0" /></a>
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