Economics: Less Teens Getting Licenses

Don’t have time, cars are expensive, and there are options.

This doesn’t shock me in the least because between the cost of gas, the cost of cars, and the options (if you’re in the right area), the need for a car is probably lower.  Again, that’s probably the area one lives in, which makes me curious about demographic distribution here.

Now what’s got me curious is if this decrease (and the decrease of car sales has an interesting spread into older demographics), is going to fuel more interest in public transport at least in America.  That’s a bit tough with slashed budgets and your usual government dysfunction.

I also wonder how many teens don’t need licenses as they don’t have jobs in this economy.

– Steven