Checkered-Member wrote:I say NO WAY
The economy will suffer, let me explain.
Less drivers = fewer jobs = fewer taxes being paid = fewer money being spent
Jobs that will suffer: Drive-threw, gas stations, insurance companies, car dealers, garage/repair, after market parts maker’s supplier’s distributors, getting to a job will be harder, so there will be less jobs = less taxes being paid = less money being spent which will impact every business in the country which will then impact every individual. (can you tell I took macro economics?)
And this goes on and on and on
So if all the 16-17.99 year olds stop driving it will cost the U.S. economy, billions
from a micro standpoint, yes industries will suffer, but that doesn't necessarily mean the whole economy will suffer a huge negative impact. the only companies on that list that make a difference economy wise are the dealers and the insurers, the rest make up an insignificant part of the GDP, and even still, the revenue they make goes back to other countries and counts towards a foreign GDP as opposed to ours.
i've worked with 14 and 15 year olds at one of my previous jobs, so i know that not having the ability to drive doesn't affect one's ability to drive. i know plenty of adults that don't drive and still work for a living. the job market won't suffer that much. especially if you look at how many people are unemployed right now. those jobs that aren't filled by your 16 year olds will be filled by someone who's older and looking for some sort of income.
and just because someone can't drive doesn't mean they don't consume car products such as fuel. they just don't do it as often. they still need to be transported, so someone has to drive them, therefor they still consume their share of energy resources. hell, half the time, they use their parent's money to buy the gas anyways, so no extra income is actually taken into the equation.
the major tax that will be hurt aside from corporate taxes (which affects corporations, not small businesses, majorly) will be personal property taxes. and not every state has personal property taxes. i live in a state that taxes your car based on the value of it, and even that tax is slowly being phased out, so the taxation aspect isn't negatively impacted as hard. it's only on the initial consumption level where the taxation affect is hampered.