But.. White House aides were not immediately available for comment.
The National Highway Traffic Safety Administration who oversees the program, was unavailable for comment Thursday evening.
[Hmmm..aides in heavy attendance at the Beer Summit? The National Highway Traffic Safety Administration busy collecting car keys?]
So...the industry sold over 200,000 vehicles in a week? And, they all qualified for the full $4500 clunker payment?
Bull Puckey!
A billion dollars, divided by $4500 per ‘clunker’ comes out to 222,222 vehicles; that’s an annualized rate of 11.5 million vehicles. So, shouldn’t we be hearing about this amazing success from someone, anyone in the MSM?
Cash for Clunkers will be back.
It’ll be known as “Cents for Seniors” health care program.
” One Michigan Republican, Congresswoman Candice Miller, has already come out in favor of extending the program, saying in a statement that There can be no doubt that the Cash for Clunkers program is a complete success given the fact that the entire $1 billion allocated to the program was expended in less than a week.” “
So the criterion for success is how fast you can make a billion dollars disappear into thin air? And she’s a RePUBlican???????????
Time for a new Party, folks.
This one’s O-ver.
Well jeez louise! If it is working so well, and a LOT of cars are being sold, then allocate a couple of more billion. Cars being sold, people being put back to work. What an idea!
How much will we get if we trade in 0bama? Now, there’s a real clunker.
Hmmmmmmmmmmmmmmmmmmm. Let's see. $1 billion divided by, say, $4,000..........that's 250,000 units! In one week!
You FReepers in the car business. Is that possible?
Or is this one of those government programs where it's costing $10,000 to give away $4,000?
And I'd sure like to know where the billions went - who wants to bet cities with large ACORN groups got the money...
And tell us, Candy, what metric do you use to call that a complete success? That they ripped through a billion dollars? They only started registering dealers last Friday, right? The metrics can't possibly be in yet and you have no clue if the money aided Detroit or Tokyo.
Epic Government Fail.
if they can spend 1 billion dollars in 4 days on cars. Just think of how fast they can spend 1 Trillion dollars on Health Care!
And some people think these idiots can run health care?
What a freaking JOKE!!
What’s going to happen next will be worse than what it was supposed to help.
So they’ve suspended the program after a week. What happens next? NOBODY will buy a car until they start the program back up again. Knowing congress that could take awhile.
Is this a nexample of how Obamacare will be run also?
Anyone who didn’t see this coming is an idiot.
My husband looked into this just out of curiosity (we’re not in the market for a car just yet—we have no desire to take on a car payment since we’re on the Dave Ramsey program). His car is a 1988 Honda CRX—not eligible since it’s over 20 years old (he gets anywhere from 40-50 mpg). Our 2000 Windstar—what we could get as a trade-in would not fit our family of six (including a toddler car seat and two booster seats).
Gee, thanks, Obama! Way to look out for the hard-working families of this country </s>
There can be no doubt that the Cash for Clunkers program is a complete success given the fact that the entire $1 billion allocated to the program was expended in less than a week.”
When this was done in Europe, it was found that 80% of the people would have bought a new car anyway...............