Ok, I said it a while back...
All the Cash for Clunkers did was give people who had money more money. Most people affected by the recession don't have the extra money to buy a new car, they are spending that money on FOOD or HEALTHCARE...or trying to make it between unemployment checks...
Those NOT affected by the recession (or not affected as much) still had enough money to go out and buy cars, so they got rewarded with an extra $4500...
Everyone complained about the Bush Stimulus programs and how they gave money back to the rich...well, um, Bush didn't come up with the "Cash For Clunkers" program...
In fact, the experts and the critics or the Cash for Clunkers program were correct, it was a Bad Idea...
Clunkers in Practice
Thursday, October 08, 2009
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