Death of the Car-Based Economy

[Lunican]

Death of the Car-Based Economy

The CEO of Ford, Bill Ford, recently gave a talk where he predicted dire things happening in the next 20-50 years - that the traffic volume would grow by a factor of four and we are all headed for trouble.

To paraphrase his great-great Grandfather, "Bunk".

And if this guy is running Ford, Ford may run into the ground.  Time to sell Ford stock - with visionaries like this at the helm!

One thing Mr. Ford failed to take into account was the Internet - which has allowed a lot of people, like myself, to work from home.  Far from being a marginal movement, it is now a mainstream one - the entire Patent Office telecommutes, and in the DC area, about half the working population works at least one day a week from home.  Even McDonald's has order-takers "telecommute" from their homes in Texas (where labor is cheaper) to stores in Hawaii.  All it takes is imagination.

Full article:
http://livingstingy.blogspot.com/2011/06/death-of-car-based-economy.html