After walking through this cash for clunkers deal and seeing it peak out and die so soon I was thinking. Yes, I know there were some people that were able to trade in $500 beaters they had and get in debt again. I know it feels good to have a new car. I have a 2001 tahoe with 65K on it and at the rate I drive (i work from home) i could probably own this car until I die as i'm putting around 3K miles a year on it at this point.
If I look at the government as a business (which it is of course) what kind of business would buy a $500 car for $4,500? First bad deal. Then sieze up the engines and make them inoperable? How about the 750,000 people that dont even have transportation and list that as the reason they cant get a job so they stay on welfare. How about gathering all those working cars together and GIVING them away or selling them for $100 a piece.
This means money back to the government and 750,000 possible people working again, which means more revenue for the government in the way of taxes.
I guess we have to sit back and deal with the fact that our goverment as one of the largest businesses in the world is ran by people who have very little or no business experience all. What more should we expect?
Cash for Clunkers - the title says it all
September 3rd, 2009 at 02:44 pm
September 6th, 2009 at 04:44 am 1252212276
From meeting people on welfare... it is more of a personality, skills and attitude thing than not having a car.
Think of your employed friends, if their car was totaled, would they find a way to work or would they be on welfare until such time when someone handed them one?