Showing posts with label cash for clunkers. Show all posts
Showing posts with label cash for clunkers. Show all posts

Saturday, August 8, 2009

Cash for Clunkers

Alright, I have lots of issues with this program. I'll try and be brief.

This is not a stimulus. It is merely getting people to buy the car NOW they would've bought in a few months or a year. This is not "rejuvenating" the industry, it is spiking sales which will then slump back to "meh."

Jobs aren't really being created by this as car manufacturers are not going to ramp up production to meet demand as they understand demand is spiking, not actually going up.

This is also a tax on the poor. Sure, 4500 for your junker is nice, but if you have no credit or can still only afford a car that costs 6000, how does this help you? Oh, and it'll drive up the price of used cars and quite possibly the prices on keeping old cars running, especially if they blow an engine. So, the poor are not benefiting from this at all.

Also, the environmental impact is negligible at best. Sure, you're taking fuel inefficient cars off the road. And moving them to junk yards. Yes, many parts of them will be recycled, but there will still be rusting blocks of iron. AND, its replacing them on the road with cars that still pollute.

Yes, they pollute yes, which is good. But, its not like there will be less cars on the road, because THAT is truly a zero emission car. The one that isn't there.

I guess I'm just frustrated by the waste and the bait and switch that seems to be going on.