*ahem* the election in 2008 was a mistake.
2008 was the beginning of our end.
This clown is a financial advisor to The One and he just figured this out? At the time my high school age daughter asked my if this didn’t just move demand and not increase it
Ghoulsbee is such a f’n economic idiot.
I’m not sure if there is any accurate, non-biased research on the home tax credit. From the sources I have the most trust in, it appears the effect was almost nil.
If it had convinced people living with their parents to buy a home, it would have had a beneficial effect. From what I have read, most of the people that took advantage of it were already planning to buy a house, and would have done so with or without the credit.
I’d forgotten about cash for (economic) clunkers (the ‘rat party).
I liked the home buyers tax rebate! I got $8,000 of my tax money back for a house I was going to buy anyway. Even so they kept more than $25,000 in income tax that year...
Only a damned fool would say they always made the right decisions.
2008 was Year One of the Zombie Apocalypse.
The Clunker deal was bad. Waste of money and ruined alot of used motors for nothing. Some people do not want to buy or can’t buy new cars. I put a used motor in my pick up truck before this terrible program began.
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