In the Department of Transportations July 27 news release introducing the program, Transportation Secretary Ray LaHood was quoted as saying, This is good news for our economy, the environment and consumers pocketbooks.
Makes you wonder what kind of similar good news will surface if government-run health care (a.k.a., ObamaCare) becomes a reality.
And that doesn’t include the non-existent vehicles sold or the ones that never got destroyed and were resold or the depression in the market from the fire sale or the increase in prices of lower end vehicles because of the stock depletion...shall I go on? This is sick...
That is our so called 3.5% growth in GDP. Looks like Enron is back cooking our books.
Pray for America’s Freedom
Costing us $24,000 a pop for a clunker just think how much Obamacare will cost...Lets just say you can forget about annual vacations, that boat, the big screen, your sons/daughters college education, a bigger house......ect.
What I would like to see is how much it really cost the taxpayers per rebate including administrative costs.
WHO got the money???