'Cash for Clunkers,â€™ a classic government folly

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'Cash for Clunkers,â€™ a classic government folly

Posted by: WingNut ()

Date: September 02, 2010 07:05PM

Interesting read about Cash for Clunkers.

"IN THE market for a used car? Good luck finding a bargain: The price of â€œpre-ownedâ€™â€™ vehicles has climbed considerably over the past year. According to Edmunds.com, a website for car buyers, a three-year-old automobile today will set you back, on average, close to $20,000 â€” a spike of more than 10 percent since last summer. For some popular models, the increase has been much steeper. In July, a used Cadillac Escalade was going for around $35,000, or nearly 36 percent over last Julyâ€™s price."

MORE http://www.boston.com/bostonglobe/editorial_opinion/oped/articles/2010/09/01/clunkers_a_classic_government_folly/

idontlikebeingrightaboutshitlikethisbutiam

Edited 21 time(s). Last edit at 5/31/1967 05:57AM by WingNut.

Last edit at 11/30/2015 01:37PM Last edit at 5/14/2015 03:52PM Last edit at 1/28/2014 05:57AM Last edit at 11/29/2015 01:10PM Last edit at 3/14/2011 11:52PM Last edit at 7/20/2012 04:07AM
Last edit at 6/29/2013 11:18PM Last edit at 3/19/2011 01:02PM Last edit at 3/26/2012 09:07PM

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Re: 'Cash for Clunkers,â€™ a classic government folly

Posted by: Warhawk ()

Date: September 02, 2010 08:27PM

I'm not surprised. The government has become very reactionary and short term sighted. Without going into too much that would bore people here, I'm in the process of reviewing a plan for the government agency that was generated literally because of a few complaints from a specific situation in one of their larger buildings. The plan solves the immediate problem, but the way it's designed is complete overkill and would make any future construction projects in the building cost twice as much. And don't try to talk common sense with these bureaucrats, it doesn't exist. They can see the big picture and the unintended consequences. No long term vision.

__________________________________
That's not a ladybug, that's a cannapiller.

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Re: 'Cash for Clunkers,â€™ a classic government folly

Posted by: WingNut ()

Date: September 02, 2010 09:05PM

Dunno if it was worth a try, especially since the feds probably could have arrived a general idea of what the outcome would be. They needlessly destroyed vehicles that could have gone to Latin America or Africa in whole, or chopped up and parted out.

I have a buddy with two used car lots up north and he's doing great. Guess the little guy who has to take a bigger loan to keep up with demand isn't so much.

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