Friday, July 31, 2009

Cash for Clunkers

Everyday we seem to get some reminder of how our government can't plan for anything.  What better term can you use besides "having your head up your ass" when a program expected to take 4 months to run its course happens in 2 weeks?  The true beauty is that since the cash for clunkers legislation is beholden to the dealers to handle the transaction, many started accepting cars early and most likely the reason they have 40k submissions yet another 200k anticipated is that the dealers realized they needed to pound through all the applications fast or else they would have accepted cars and not gotten reimbursed.


I would have gladly taken advantage of this program myself if my messed up Taurus didn't get an EPA 19 mpg instead of the mandated 18.  I probably would have even traded up for a Prius and gotten 50 mpg, but alas, that isn't going to happen.  It's pretty obvious that this legislation is doing very little to combat inefficient cars or help the auto industry.  250,000 cars later the program is over, some people traded in worthless cars for a taxpayer subsidy on a new hyundai, and the world moves on.  

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