[BertWheeler]

True. But what was the ulterior motive?

[AngelesCrestHighway]

$24,000 for each clunker?.....I could have bought a good fuel efficient car for half the price....Great waste of my tax money there, Barry!

[Hodar]

So, for people who were going to buy a car anyway, this was a taxpayer funded ‘gift’. I wonder how many people who either bought a new car under impulse from this program, and cannot afford the payments - or have lost their jobs after getting the car and are going to have it either re-possessed or declare bankrupcy? How many of these cars are going to be sold in the Used Car market, because people simply cannot afford the new car payments, in an Obama economy?

The part that has not been advertized, is that the recepients of this $4,500 ‘gift’ is going to be taxed on their income later on this year.

[Batrachian]

"...like most things coming out of Washington Barack Obama's mouth that was a fabrication."

That's how I would have written it but I guess they don't want to be impolite.

[Attention Surplus Disorder]

Yes, but if you redefine “failure” as success, this was a massive win.