Car Fax

By Bill Maher

The planet is probably cooked, with the Chinese and the Indians buying all those cars, so this won’t make much difference, but it seems like Americans are driving a little less.

According to something I read on the Internet:

• Driving by U.S. households has declined nearly 10 percent since 2004

• The average household now owns fewer than two cars, returning to the levels of the early 1990s

• Less than 70 percent of 19-year-olds now have one, down from 87 percent two decades ago

The interesting thing about this decline is that it started before the recession.  So it’s not just economic. Maybe it has something to do with video games (a $93 billion market in 2013) and texting (global carrier messaging revenues were $200 billion in 2011). Maybe the teens who used to drive around aimlessly with their friends are texting each other and playing Grand Theft Auto instead.