After hitting a 30-year low in 2009, U.S. auto sales are poised for a second straight year of growth in 2012 — the result of easier credit, low interest rates and pent-up demand for cars and trucks created by the Great Recession.
The sales forecast bodes well for the industry's continued recovery and for the broader American economy.
Just two years ago, Detroit automakers were in peril. Car sales plunged as unemployment soared, and loans became harder to get. Chrysler and General Motors filed for bankruptcy protection. Ford avoided bankruptcy only by borrowing billions.
Originally published on Mon January 2, 2012 2:11 pm
Those who remember newspapers might recognize this as a "clip and save." Maybe the more modern term would be a "cut and paste." Whatever, if you want some of the details and logistics about Tuesday night's caucuses in Iowa, here they are:
Monday morning in Iowa, I caught up with Mitt Romney's strategist Eric Fehrnstrom after the campaign's first event of the day, a speech at the Mississippi Valley Fairgrounds in Davenport.
In the last hours before Tuesday night's caucus, Fehrnstrom said, the former Massachusetts governor plans to consolidate his support by visiting areas in the eastern part of the state where he had a strong showing in 2008 — places like Dubuque and Cedar Rapids.
Almost 150 years ago, English scientist Francis Galton coined the phrase "nature versus nurture" — and proposed that research on twins could resolve the debate.
Genetics have long seemed to weigh heavily in favor of the role of nature in shaping the people we become. But even identical twins are different to varying degrees, and some researchers believe those differences suggest a third influence at work, called epigenetics.
And now, the Opinion Page. It's the start of a new year. Already, millions of us have posted new calendars on the wall or installed new ones on our computers. But Steven Hanke and Richard Henry, two Johns Hopkins University professors, propose a more radical step: the Hanke-Henry permanent calendar, which they say will solve the yearly hassle of reworking our schedules and even help businesses put fiscal calendars in sync. But that raises a question: Is the current calendar a problem for you?
This is TALK OF THE NATION. I'm Neal Conan, in Washington. In Iowa, all the GOP presidential candidates continue to profess their faith in speeches and in broadcast ads, perhaps none more than Texas Governor Rick Perry.
Last Wednesday, Ann Selzer could not be cajoled into even a hint of the final Iowa poll as she joined the Political Junkie. Selzer and the company - and her company polls for the Des Moines Register and for Bloomberg. It's considered the gold standard in Iowa. And the Register published the results on Saturday night. It showed Mitt Romney in front, followed closely by Ron Paul and Rick Santorum surging into third. Ann Selzer joins us again from Iowa Public Radio. Nice to have you back on the program.
In her weekly commentary, host Michel Martin shares that to her chagrin, her stepdaughters proposed to skip the china and use plastic plates for their holiday feast. The episode made Martin empathize with the deficit-cutters in Congress, and consider how tough it is to change the status quo until good-willed people choose to do so.