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To: blueplum

Wait, wait ... that Cars for Cash thing worked out real well.


8 posted on 09/04/2017 11:09:00 PM PDT by Slyfox (Are you tired of winning yet?)
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To: Slyfox

The Cash for Clunkers thing would have worked out better if they had not bailed the car manufacturers out.

Instead if they had given everyone a credit towards the purchase of a new car if they TRADED IN their old one, instead of destroying them, then there would have been business for the car companies and a good supply of used cars for those who can’t afford new ones.

As it is, it destroyed the used car market for years, cutting the supply and driving up the prices so that those who could barely afford used cars anyway, has less to choose from and could afford them even less.

Typical government idiocy......


134 posted on 09/05/2017 6:51:25 AM PDT by metmom ( ...fixing our eyes on Jesus, the Author and Perfecter of our faith..)
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