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Author Topic: Cash for Clunkers - what it really cost  (Read 997 times)

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Offline bkg

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Cash for Clunkers - what it really cost
« on: October 29, 2009, 10:57:08 AM »
HOLY HELL!  :thatsright:


http://money.cnn.com/2009/10/28/autos/clunkers_analysis/index.htm


Quote
Clunkers: Taxpayers paid $24,000 per car
Auto sales analysts at Edmunds.com say the pricey program resulted in relatively few additional car sales.

NEW YORK (CNNMoney.com) -- A total of 690,000 new vehicles were sold under the Cash for Clunkers program last summer, but only 125,000 of those were vehicles that would not have been sold anyway, according to an analysis released Wednesday by the automotive Web site Edmunds.com.

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Offline debk

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Re: Cash for Clunkers - what it really cost
« Reply #1 on: October 29, 2009, 11:16:41 AM »
I heard about this on Fox and Friends this morning....


I heard later on someone making the comment .".....taxpayer's money flying out of this White House"....

I was working on a report and that comment just pierced my otherwise occupied mind, but I thought ... what a truthful comment that was!!!

I have no idea what the rest of the conversation was about, so I can't cite anything..
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Just hand over the chocolate...back away slowly...far away....and you won't get hurt....

Save the Earth... it's the only planet with chocolate.

"My therapist told me the way to achieve true inner peace is to finish what I start. So far I've finished two bags of M&M's and a chocolate cake. I feel better already." – Dave Barry

A balanced diet is chocolate in both hands.

Offline jinxmchue

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Re: Cash for Clunkers - what it really cost
« Reply #2 on: October 29, 2009, 12:16:42 PM »
Let us thank our good and wise Dear Leader B. Hussein Obama for his wonderful and inspiring programs!
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Offline Chris_

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Re: Cash for Clunkers - what it really cost
« Reply #3 on: October 29, 2009, 01:55:36 PM »
Hell....I could have told tham that before the thing started.......they were only "buying" a market that was already, to some extent, there.......and now that it is over, the manufacturers are idling shifts again, as sales have plummeted.....

They will never learn.......

doc
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If you want to worship an orange pile of garbage with a reckless disregard for everything, get on down to Arbys & try our loaded curly fries.
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