California Targets Vintage Cars as Young Producers Challenge Cronyism in Economics Debate episode artwork

EPISODE · Jan 14, 2025 · 1H 52M

California Targets Vintage Cars as Young Producers Challenge Cronyism in Economics Debate

from The Kim Monson Show · host Kim Monson

Freedom of mobility and economic liberty faced scrutiny as automotive expert Lauren Fix exposed California’s plan to restrict vintage vehicles, while young producers challenged conventional thinking on profits, cronyism, and inflation in a spirited book review discussion. California’s War on Classic Cars Lauren Fix, the Car Coach, revealed that California is surveying vintage car owners with the apparent goal of restricting or banning classic vehicles from the roads. The state that gave birth to American car culture, home to the Peterson Museum and countless racetracks, now threatens to destroy a multi-billion dollar industry. “If you’re thinking about vintage cars and collector cars and hot rods, the car culture is California. And there’s billions of dollars in that industry.” Lauren Fix, Car Coach Reports Fix connected the dots between the LA fires and California’s environmental hypocrisy, noting that electric vehicles burning in the fires produce far more pollution than any classic car, yet the state continues its war on internal combustion engines. LA Fires Expose 15-Minute City Agenda The Car Coach warned that Governor Gavin Newsom’s promise to “reimagine Los Angeles” after the devastating fires signals a push toward 15-minute city concepts ahead of the 2028 Olympics. “Gavin Newsom said they’re going to reimagine Los Angeles. We’re going to get people around better. We’re going to have multi-family housing. So, in other words, you want it to look like a 15-minute city.” Lauren Fix, Car Coach Reports Fix explained how the California Air Resources Board controls emissions standards for 17 states, giving California outsized influence over the entire nation’s automotive industry. She urged the incoming Trump administration to defund CARB and restore state sovereignty. EV Mandate and Tax Credit Ending Lauren Fix reported that President Trump has committed to ending the electric vehicle mandate and the $7,500 tax credit on day one. She noted that even Elon Musk supports this move, as it would eliminate competition from manufacturers who only build EVs at a loss because government forces them to. “We need to get rid of the California Air Resources Board. Currently, California controls not the state I live in, New York, but the state you live in, Colorado, as well as 17 states.” Lauren Fix, Car Coach Reports The automotive expert warned that LA fire damage will increase car insurance premiums nationwide, as carriers spread losses across all policyholders regardless of where they live. Young Producers Challenge Economics Orthodoxy Luke Cashman and Producer Joe joined Kim for their ongoing book review of Henry Hazlitt’s “Economics in One Lesson,” tackling chapters on profits and inflation. Luke’s research revealed a dramatic shift in corporate profit as a percentage of national income. “Between 2020 and 2024, corporate profits accounted for 16.7% of national income, compared to less than 6% historically. That is an astronomical increase.” Luke Cashman The 26-year-old producer challenged Hazlitt’s assertion that profits come from efficiency rather than price increases, pointing to egg prices and grocery costs that have skyrocketed despite technological improvements.<...

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California Targets Vintage Cars as Young Producers Challenge Cronyism in Economics Debate

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