Professor Mark J. Perry's Blog for Economics and Finance
BillShrink provides a free, web-based service that provides users with personalized recommendations for everyday services such as cell phone plans and credit cards. These recommendations are computed in real-time by matching your indicated usage profile against literally millions of different market options. The results enable you to view and compare options so that you can make a well-informed decision that maximizes your savings.
Dr. Mark J. Perry is a professor of economics and finance in the School of Management at the Flint campus of the University of Michigan. Perry holds two graduate degrees in economics (M.A. and Ph.D.) from George Mason University near Washington, D.C. In addition, he holds an MBA degree in finance from the Curtis L. Carlson School of Management at the University of Minnesota. In addition to a faculty appointment at the University of Michigan-Flint, Perry is also a visiting scholar at The American Enterprise Institute in Washington, D.C.
5 Comments:
Mint.com does the same thing, plus has budgeting capabilities like MS Money or Quicken. Lets me see just how deep I'm going into debt every month.
No mention of "Obama Motors?"
Article:
Obama to unveil most aggressive auto fuel standards
Average fuel standards for all new passenger vehicles -- cars and light trucks -- will rise to 35.5 miles per gallon between 2012-16 ($600 or $1,300 additional cost per vehicle).
CBO Study:
"The Congressional Budget Office (CBO) estimates that a 10 percent reduction in gasoline consumption could be achieved at a lower cost by an increase in the gasoline tax than by an increase in CAFE standards. Furthermore, an increase in the gasoline tax would reduce driving, leading to less traffic congestion and fewer accidents. This analysis stops short of estimating the value of less congestion and fewer accidents and, therefore, does not draw any conclusions about whether an increase in the gasoline tax would be warranted. However, CBO does find that, given current estimates of the value of decreasing dependence on oil and reducing carbon emissions, increasing CAFE standards would not pass a benefit-cost test. A gasoline tax is a good policy to compare with CAFE standards because it is the most direct way to reduce gasoline consumption. By raising the price of gasoline to consumers, a tax raises the cost of driving and encourages consumers to buy more-fuel-efficient vehicles."
The gas tax would provide greater immediate savings by encouraging vehicle owners (of both new and older vehicles) to drive less. In contrast, higher CAFE standards would give new-vehicle owners an incentive to drive more—because higher fuel economy would decrease their gasoline cost per mile—and would not alter the driving incentives for owners of existing vehicles at all."
My comment:
It seems, most Americans get sheared like sheep and don't even know it till later.
U.S. automakers have never been competitive in the small car market. Under Obama Motors, U.S. auto producers either need to invest thousands of dollars per vehicle to become competitive with Asian and European small cars, or spend thousands of dollars per vehicle to turn large cars into hybrids. Either way, it's an expensive way to lose market share at a faster rate.
Peak Trader, you are right, and you probably also have watched C-Span deciding how much more our electricity bills will be, as we fund the "smart grid" required to power electric cars, and adapt to alternative power technologies, without causing our current grid to fail. What's wrong with allowing the free market to decide? Every time gas prices spike, the economy falls apart, and gas prices come down. Why must I pay for a grid that has to deal with peak power demands from potentially thousands of electric cars recharging at 6-7pm every day, while also adjusting to changing power delivery requirements, as the weather dictates the availability solar and wind power?
The site is b.s. - it covers little and they send you to affiliates who are paying them (poor disclousure too)_
Hi
Thanks for taking the time to write this blog. I really enjoyed reading it. In fact if I were you I would go to http://www.autosurfmonster.com and submit this blog so thousands of others can see it for free. I am not trying to advertise for anyone, I just feel like more people should have the opportunity to see this blog and I also got a lot of free hits from them for my own blogs. Well, I look forward to all the updates.
Jessica
Post a Comment
<< Home