Pursuing Life, Liberty and Happiness
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November 06, 2009
Filed Under (Uncategorized) by Grierson on 06-11-2009
The big idea was to help jumpstart car sales in America. The dems had a great proposal. Lets go ahead and do Cash for Clunkers, get a ton of gas hogs off the road and sell a bunch of new cars. Great program, we the citizens just gave the car companies a few billion dollars (yes, you and I get to pay for that out of our tax dollars) they make a ton of money, the people who ALREADY CAN AFFORD A CAR i.e. they just bought a BRAND NEW CAR get a great deal on cars – well what about the little guy? You, me and all the others out there who dont purchase NEW cars, but may like a nice used vehical = screwed. What do I mean by that? Well, take a look at used car prices. All those cash for clunker vehicals worked and were drivable (it was required for the trade in). The law requires them to be junked so nobody continues to use those horrible pollution mobiles (how much pollution does it cost to scrap them, and how many resources/pollutants were used to create the new cars). Now what we have is a very low inventory of drivable used cars that MOST people can actually afford to purchase. That has caused a 16% increase in used car prices. What does this mean to you and me? Well, not only are we going to pay for the auto industry bailout and the cash for clunkers program, but we are also going to pay an additional 16% for any used cars we purchase this year. Great job Congressmen, Senators and President Obama. Give a great deal to those with enough money/credit to buy a new car and stick it to those of us who buy within our means. You must be logged in to post a comment. |
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