Why can’t good news just be good news?
An Indian automobile company has just released the $2,500 Tata (available in India). It is an ultra-compact car that is meant to bring transportation to the masses. This seems like a good thing, right? Finally an affordable solution. Finally an automobile company that isn’t raking you over the coals. Oh, but wait. People are up in arms.
You see, critics are saying that the car is too affordable. The argument is that too many people will buy the car, and there will be traffic problems and environmental problems. Okay, so let me lay this out for you. Some group of environmental killjoys with cars don’t want a bunch of less fortunate people to have cars because of the chance that there will be increased traffic. In other words, there needs to be people that are poor without cars, so that the car-owning middle and upper class can get to work on time.
I am glad that the Western way of life has finally made its way to India.Â What’s next for India? Surely they wouldn’t get involved in sub-prime lending.
The PTPWHQ (Pete the Planner World Headquarters) is proud to announce the hiring of a new intern. We are now shaping the impressionable minds of America. God help us all. The intern doesn’t know it yet, but he will be blogging. Shhhhhhh. Don’t tell him.
Peter Dunn a.k.a. Pete the Planner® is an award-winning financial mind and a former comedian. He’s a USA TODAY columnist, author of ten books, and is the host of the popular radio show and podcast, The Pete the Planner Show. Pete is considered one of the foremost experts on financial wellness in the world, but he’s just as likely to talk your ear off about bass fishing.