On the one hand, I like this idea because it will make finding a decent car eligible to compete in the 24 Hours of Lemons less challenging. On the other, I think I’d be correct in opposing (for similar reasons) government sponsorship of Burning Man, for example.
Personally, my business would likely see a short term bump from something like this – any business can be temporarily propped up by dumping a bunch of other people’s cash in. Long term, however, this would probably hurt business – maybe a lot. And, there are reasons it wouldn’t help the environment much, if at all (and why is that always an excuse for crap like this?). I hope this isn’t a tell-tale of how the government plans to run it’s new car company…
So, on the same day that the President starts pushing for PAYGO (I didn’t see that one coming), and with the support of Democrat leadership in The House and too many Republicans, the “Cash for Clunkers” (no prejudice in a title like that…) program is passed. STORY
That’s some pretty schizophrenic shit.
A one month wait – brilliant!!! – ooh, lets see what that does to short term sales and unemployment rates. And, the PAYGO talk really was just talk… who woulda thunk it?
My head hurts and I haven’t even started hitting my head on the wall yet. Where’s my stud finder? Door jamb.
http://www.thetruthaboutcars.com/bailout-watch-562-cash-for-clunkers-awaits-obamas-signature/