To: Shellybenoit
$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!
To: AngelesCrestHighway
5 posted on
10/29/2009 9:54:09 AM PDT by
nikos1121
(Praying for -16 today.)
To: AngelesCrestHighway
6 posted on
10/29/2009 9:54:16 AM PDT by
nikos1121
(Praying for -16 today.)
To: AngelesCrestHighway
Chevy Cobalts were a lot cheaper than that, with or without bailout rebate money!
10 posted on
10/29/2009 10:04:40 AM PDT by
buffyt
(I don't agree with Reid,Schumer,Pelosi,Snowe,Dodd,Rangel,Frank,Obama,does that make me RACIST?)
To: AngelesCrestHighway
The
incremental cost was $24,000 per "clunker". The assumption is that most of the cars traded in would have been traded in anyway. They almost certainly would have been, eventually. At best "cash for clunkers" was a policy based on the broken window fallacy.
It's not clear to me that it was a "failure", it was political grandstanding for the boobsies and the boobsies applauded.
13 posted on
10/29/2009 10:09:05 AM PDT by
Lonesome in Massachussets
(The People have abdicated our duties; ... and anxiously hope for just two things: bread and circuses)
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