Article

2009-10-29 Economy

Cash for Clunkers Auto Program Cost Taxpayers $24,000 Per Vehicle

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Posted by GolfBravoUSMC 2009-10-29 15:24|| || Front Page|| [1 views ] Top

#1 What a fantastic move of capital from areas of the economy that could grow to areas that are bankrupt.

Posted by Bright Pebbles 2009-10-29 16:04|| 2009-10-29 16:04|| Front Page Top

#2 they could have just bought me a toyota land cruiser for that.

Posted by newc">newc 2009-10-29 16:10|| 2009-10-29 16:10|| Front Page Top

#3 Sorry Folks,
The title of this article "Cash for Clunkers Auto Program Cost Taxpayers $24,000 Per Vehicle" is not accurate. The original article refers to costs "calculated by incremental sales" (i.e. sales that would not have occurred if the program hadn't existed). This is very different from cost calculated per vehicle.

Posted by Eboreg 2009-10-29 19:38|| 2009-10-29 19:38|| Front Page Top

#4 So it is now the end of October; the first payments are now starting to roll in. look for reports of a spike in re-pos of these same new cars and the obligatory Dem sympathy for the down trodden. we ain't finished buying these cars yet, people.

Posted by USN, Ret. 2009-10-29 19:57|| 2009-10-29 19:57|| Front Page Top

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