Comments on: Cash For Clunkers is a Modern-Day Version of the Broken Window Fallacy

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By: Georgianne Wieckowski

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By: Gregory Tarle

Gregory Tarle — Tue, 02 Nov 2010 06:28:10 +0000

We have to win big to get over the cheating we’ve already discovered. It’s not new but what on earth is new is that we have been vigilant and are learning over it now instead of two months from now. they will be exposed for the cheaters they’re just, just as their bad campaigning has shown these individuals as liars and devoid that belongs to them ideas. Now is not time to slow down although rather to pile that on. It is enough time to leave no doubt regarding where the American people stand.

By: A New Look at Cash for Clunkers Confirms what Stimulus Programs do – Nothing (but Harm) | Manufacturing Digest

Thu, 23 Sep 2010 22:27:05 +0000

[...] this predictable? Of course. In August 2009 when Cash for Clunkers was announced, we said: The funny thing is that down the road even the dealers will suffer, because this program created [...]

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By: Critical Thinker

Critical Thinker — Fri, 28 Aug 2009 12:17:13 +0000

I don’t know if this is true or not, but the local news reported that the number one car purchased by these “cash for clunker” car buyers is the Ford Focus.

By: Critical Thinker

Critical Thinker — Fri, 28 Aug 2009 12:14:42 +0000

Good thoughts, but cars over 25 years old do not qualify for the program. So those truly classic cars are safe from the mindless destruction of the Cash-for-Clunkers program.

By: Jason's Dad

Jason's Dad — Thu, 27 Aug 2009 01:38:45 +0000

What your Mom said!

By: meli

meli — Sat, 22 Aug 2009 04:23:52 +0000

Yes…..great comment! Atlas WILL shrug!

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Melissa — Fri, 21 Aug 2009 03:43:55 +0000

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By: Jason's Mother

Jason's Mother — Tue, 18 Aug 2009 20:36:18 +0000

Jason,

I recommend the book, “Economics 101 for Dimwitted, Dip$&!%, Know-it-alls.” You are the typical dumb@$$ voting in people based on party lines, while these jerks run this country into the ground. In your entire rambling overture, you didn’t even once make an effort to cite any sort of economic 101 basics. Your incoherence and utter stupidity makes me surmise that you’re a high-school graduate working hard at your 9-5 at McDonald’s as a cashier. You are the epitome of the term @$$hat.

Sincerely,

Your Mom.

By: Stormy Webber

Stormy Webber — Tue, 18 Aug 2009 19:28:06 +0000

Keeping track of all the negative effects of this program is quite difficult.

5 of the 6 most popular new models purchased after turning in a ‘clunker’ were from foreign manufacturers. Approximately $10,000 of each sale ends up with foreign manufacturers. $3500 to $4500 of that is being financed by US taxpayers. And since manufacturers based overseas employ relatively few US union workers, again, the ones the government intended to help are hurt the most. As pointed out in the article, the program is also making life more difficult for those with lower incomes who will now have to pay more for a car to replace what they are currently driving.

Since purchased vehicles have to get higher MPG, they are small cars: “econoboxes” or, in the words of emergency room personnel, organ “donormobiles.” Many — and likely most — purchasers traded in cars with higher crash ratings for ones that are more likely to allow or cause injury in a collision. We could assert that one objective of Cash For Clunkers is to increase the demand for a socialized health care system, but that would be giving the administration credit where it is not due. They obviously can’t think that far ahead.

By: Jaime

Jaime — Tue, 18 Aug 2009 17:25:45 +0000

I agree with you. My Saturn is only 7 years old as opposed to your 13, but I always laugh at the commercials for other cars (both foreign and domestic) being all excited about 26mpg on a brand new car. I routinely get 30-31 for day to day driving, and 37-40 (highest ever was 42) for long trips. Will be interesting to see what happens to them under Penske.

By: Brad

Brad — Tue, 18 Aug 2009 16:37:30 +0000

This cash for clunkers program is so typical of misguided government programs…poorly thought out, very wasteful, does not solve the intended problem, and creates more problems. Now there will be fewer used cars available for those who can’t afford a new car, and fewer used car parts for the wreckers to sell.

By: Pete

Pete — Sun, 09 Aug 2009 03:23:54 +0000

The “clunkers” deal is a lemon. More pay-offs to the unions, just like what was done by giving them a stake in GM. The government steps in and artificially inflates the car buying market, more cars are made, more union jobs. Forget about people being able to afford the payments. This is the Freddie/Fannie debacle all over again. Congress controls the purse strings, the rebate drives down the price, so the lenders are more likely to finance. yada yada yada. But even the car dealers will lose. They have to pay the manufacturer for all these cars they are selling. And to date, the government has been pretty slow getting them the rebate money. Meanwhile, they are still on the hook to the manufacturer. Whats gonna happen when the day comes, and the bill for all the cars they sold and haven’t fully paid for comes due? Bailout? After all, they did prune out all the “republican” car dealers.

By: Richard Foster

Richard Foster — Thu, 06 Aug 2009 19:02:06 +0000

Jason – Yours is the old “if someone else doesn’t give me money, where am I going to get it” argument! Most of us want to earn the money for the car ourselves rather than make our children pay for it! So, instead of big business raping and pillaging me, you want to do it! No thanks! As if being raped and pillaged by the supporters of the liberal government is any better than being raped and pillaged by big business! At least with big business I can choose not to participate!

By: Fred Bear

Fred Bear — Thu, 06 Aug 2009 12:42:53 +0000

My favorite line from this post is, “Why not bomb whole cities so construction firms can get busy rebuilding?” Oh, wait…