Why did the government bail out automakers instead of granting vouchers to people that could be redeemed for a car?
France did this a few years ago.(yes yes France white flag jokes, haha reddit you so funny) In 2009, a new president steps in, gives great financial incentives for people to scrap their old car buy a new car. Everyone is happy. Except that a year or two later, everyone still has a new-ish car, an…
The Short Answer
France did this a few years ago.(yes yes France white flag jokes, haha reddit you so funny) In 2009, a new president steps in, gives great financial incentives for people to scrap their old car buy a new car. Everyone is happy. Except that a year or two later, everyone still has a new-ish car, and nobody is interested in buying one now at normal market prices, so the car industry crashes. It's an offshoot of the broken window fallacy. If you break a window and pay someone to repair it, you think you're creating a job for the repairman, when actually you're just making a loophole where you lose your window and your money.
Analysis
Key Concepts: Window, france, everyone
This explanation focuses on window, france, everyone and spans 115 words across 5 sentences. At 60% above the average Society explanation (72 words), this is one of the more thorough answers in this category, reflecting the complexity of the underlying question.
What This Answer Covers
The explanation opens with: “France did this a few years ago.(yes yes France white flag jokes, haha reddit you so funny) In 2009, a new president ste” It then elaboratesultimately building toward a complete picture across 5 connected points.
How This Compares in Society
Ranked #102 of 500 Society questions by answer depth (top 21%). This places it in the comprehensive tier — the top quarter of most thoroughly answered questions. Questions at this depth typically involve multi-faceted topics requiring nuanced explanation.
Frequently Asked Questions
Is there a simple explanation for why the government bail out automakers instead of granting vouchers to people that could be redeemed for a car?
France did this a few years ago.(yes yes France white flag jokes, haha reddit you so funny) In 2009, a new president steps in, gives great financial incentives for people to scrap their old car buy a new car. Everyone is happy. Except that a year or…
How detailed is this explanation compared to similar Society questions?
This is one of the most thorough answer at 115 words, ranked #102 of 500 Society questions by depth. The key concepts covered are window, france, everyone.
What approach does this answer take to explain the government bail out automakers instead of granting vouch?
The explanation uses direct explanation across 115 words. It is categorized under Society and addresses the question through 1 analytical lens.