My first new factory ordered car was a Chevy Camaro RS. That gave jobs to factory workers, (union, good pay factory workers), parts suppliers and tire makers. Lots of jobs all the way to delivery, the dealership and bank that financed the car with I think 20% down – or about $13 – $1,400 hundred.
No prime loans and if someone would have suggested – 0 down, 0 delivery etc. they would have laughed me out the door.
Responsible lending…for cars, homes etc. The economy worked fine.