On the front page of The New York Times today there is an article with the headline: “Automakers Fear a New Normal of Low Sales,” which caught my attention because the fear is so rational that I’m not certain it qualifies as “news.”

The article, by Bill Vlasic and Nick Bunkley, raises the question of “whether the auto industry will ever again have sales levels that it took for granted just a few years ago.” Read more…

Basic Theme Of Death Of Time