Cash For Clunkers Debacle
Here are two links to articles that address qualifying for the newest government giveaway program dubbed “cash for clunkers”. Looks as though, just as it seems with every government hand out, this one is also doomed to failure after the horse is already out of the barn!
http://www.washingtontimes.com/news/2009/jul/28/cash-for-clunkers-bashed-analysts-question-program/
Especially telling is this quote from the article:
“Auto site Edmunds.com forecasts that the program will stimulate the sale of only 50,000 vehicles that would not otherwise have been sold. The $1 billion program would therefore be spending $20,000 to foster the sale of each additional car.”
Might as well just cut a check for the first 50,000 people to sign up and give them a free vehicle!
This article from Glenn Beck covers more of the sinister reasons for getting clunkers off the road.
http://www.glennbeck.com/content/articles/article/198/28648/
What ever happened to giving people in need a hand up instead of a hand out? Unfortunately, as usual, the government is not in the business of putting themselves out of business. Instead, they are busy insuring that they will always have a job at the expense of their constituents by passing laws creating a very narrow set of rules in order to even qualify for the hand out! Another example of our hard earned tax dollars at work…..NOT!!
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