Popularity, Web snafus nearly broke ‘clunkers’
Aug 1, 8:56 AM (ET)
By DAN STRUMPF
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Far more drivers signed up for the “cash for clunkers” program than anyone thought, overwhelming showrooms, blowing through the initial $1 billion set aside by Congress and leaving dealers panicked over when or if the government would make good on the hefty rebates.
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Sure steal from the taxpayer to give money to car dealers?
No wonder the program is a success.
Like a bank robber giving out free samples.
And, there folks want to run health care?
It’s like everyone had gone nuts. Financial restraint, fiscal discipline, out the window. It’s like a Frat Party on the taxpayer’s dime.
One website pointed out that (1) these are future sales brought forward. (2) the “clunkers” are the cars that poor people would have bought used.
So like Basat said, (paraphrasing) we can’t see the hidden costs.
Politicians and bureaucrats are stupid. And, I ain’t buying them a beer. And, for sure, I’m not drinking with them!
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