Car Donations Plummet Due to ‘Cash for Clunkers’
Consumers аnd nеw car dealers mау bе raving аbουt “Cash fοr Clunkers,” thе government program thаt іѕ giving a lift tο thе auto industry, bυt others аrе pointing tο іtѕ negative effects. Thе AP’s Rich Matthews сlаrіfіеѕ. (Aug. 7)
Hi doofi80,
I appreciate your insight and perspective from Germany.
Bastiat must be spining in his grave.
One man’s benefit is another man’s penalty. Government tries to help the “American” auto industry and ends up screwing over other people. Not only is that affair feeling the negative affects but so will everyone else when we all have to pay for that program along with everything else.
Excellent job ObamaBots another fantastic thought… Government sleeping at the wheel.. Cash for clunkers screwed the poor…
someone needs to inform persons kids that there are a zillion different ways to raise money, the cash for clunkers program was needed to help stimulate the economy and its doing just that. its one of the most well loved govt. consumer incentive programs in U.S. history.
exactly…just like what happend to the housing market. people were positive to get terrible loans that place them in too much debt, they lost their homes and banks started going below…its this spend spend spend mentality that got us to this top to start with
Maybe they’ll do a cash for your house plot next that will entitle us to walk away from our mortgages if we bought between 2004 and 2007. Get it done Obama!
Will everyone just agree that Obama is a dumbass OR is with the terroist group and his plot to ruin this country is working! You people who voted for him are complete assholes and you only vated for him because he was half black and you know it! He has no thought what the hell he is doing and is way over his head! Can we not kick him out? I reckon i’ll just go to mexico, why not there aren’t any mexicans there!
This program will also ding the aftermarket car audio affair quite significantly. (Just thought I’d throw that in.)
“the cash for clunkers program was needed to help stimulate the economy and its doing just that. its one of the most well loved govt. consumer incentive programs in U.S. history.”
Uh-huh. And let’s mind sales tank now that it’s over. Plus GM and Chrysler had not one of the top 10 most well loved vehicles bought in this program.
Fixes are very well loved with heroin addicts too.
u know vice president joe biden already told the USA about a disaster that’s going to happen below obama administration. look it up
It’s all a part of their plot…..
How exactly is this stimulating the economy in general?
sales were already tanking, that’s why they needed this program genius.
Hahaha it’ll end on monday 24th
Because we are giving more affair to the auto industry who we already gave billions to. So the best way to get the economy going again is to tell people they should stop replenishing their savings, get into more debt by buying a new car.
Oh, wait. This is Keynesianism at its worst.
You have that right. Rob Peter to stimulate Paul. Peter’s not feeling very stimulated, though, and he’s thought of laying Paul off.
This IDIOTIC program will in fact make it significantly more expensive for me to replace my really ancient van, because so many excellent replacements “drank the poison”. Maybe “MO” will give me a donation to be able to buy a new one, because I’m darn well not able to afford it, and refuse the stupidity of getting overextended!!!
How will people make the payments on their new clunkers after they all lose their jobs from these screwed up polices
Now that everyone that was even thought about buying a car for the next year, has, how many will they sell now?
guess what’s gonna happen to car sales in 2010, if the C4Cprogram is not frenziedly…
government consumer incentive programs and 100% government backed guarantees.
Is the government better in the car affair then they are in the mail affair?
That’s what I don’t get. Wouldn’t most buyers have been in a financial spot to buy the car anyway or in need of a new car? So the “stimulated” buying is temporary at best?
Lots of buys were plotted for 2010 or 2011. Now, you won’t sell more cars because of the program, just sooner. So, what we’ll see is a massive drop in car sales in 1, 2 or 3 years. So, it’s really just a temporary measure to increase sales NOW.
And has the government been able to get that money into the hands of the dealers, sales people, workers as of now? Are the workers considering the benefits?
I reckon so, yes. But somebody’s gonna have to pay the bill.
used car dealers are crooks anyhow,stimulate the economy the way it should be,buy a car from somebody selling one,spread it around,not to just one person.
well thin take your rich a** and buy the people new cars and leave the ancient cars alone because some of us still like the ancient cars…iv seen more new cars on the side of the road broke down then the ancient cars so take that programe and shuve it …IN A NICE WAY lol loser