Cash for Clunkers
I’m full of opinions lately, hence the addition of a new category to my blog: Politics. Whoever thought up Cash for Clunkers deserves a high-five slap-in-the-face, and here is why:
(1) The government is encouraging people to borrow money. Awesome…it’s not like this recession was caused by too much borrowing and spending, right?
(2) Car sales are up, helping out a flailing auto industry. Didn’t we just bail out the auto industry? This sounds like another bailout to me, but you claim its for the environment, so I guess that’s ok.
(3) All clunkers "will be crushed or shredded within such period and in such manner as the Secretary prescribes." Yeah, lets get all of those gas guzzlers off the road and destroy the used car and parts industry. Wait…people can’t afford new cars right now, why would we destroy perfectly good used cars? Oh yeah, because they hurt the environment…gotcha.
(4) What’s a billion dollars anyway…after all, it will last until November. What? The billion dollars was used up in 4 days? Oh well, throw another $2 billion at the program. We can spend our way out of a recession. I’m willing to help out those who can afford to take advantage of this program. It’s only $21.74 out of my pocket.
All sarcasm aside, stop spending my money on this. Can I also point out how awesome our government is at budgeting money? I mean, how can one honestly predict that $1 billion will last 4 months when instead it is all promised out in 4 days? You expect me to believe your predictions on the cost of health care after this?
