American cars used to be affordable. What happened?
The average new car in America costs $50,000, but how many people can actually afford one? Clifford Winston is an economist who specializes in transportation and microeconomic policy. He joins host Krys Boyd to discuss where the low-priced cars have gone, how all the new bells and whistles are squeezing those on a budget, and why even repair bills are now sky high. His article for The New York Times is “The Death of the Basic American Car.”
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The skinny
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