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"Cash For Clunkers" Program Runs Out of Gas
Ponca City, We love you writes "The Washington Post reports that Transportation Secretary Ray LaHood has called members of Congress to inform them that the 'cash for clunkers' program will be suspended because the program has run out of money, and congressmen say they intend to ask the Obama administration to divert some funding from the existing economic stimulus package to maintain a scheme that they see as genuinely stimulative. 'Clearly, this has been a very stimulative program that's got consumers back into the car market. It's our hope that possibly more funds can be made available,' says Cody Lusk, president of the American International Automobile Dealers Association." If there is more funding, though, a report on CNET says it may come out of money to have been set aside for renewable energy loans by the US government.
Well, in the US right now it's more often than not "sorry, you're too poor." A national health system that encourages people to pick up preventative care is win-win for everyone (except the richest of the rich). Emergency rooms aren't a solution.
You can lead a horse to water, but you can't make it dissolve.
More lies from the echo chamber, it began when, under the montra of "government regulation is bad 'mmkay" they repealed the very laws which were put in place after black tuesday specifically to prevent the great depression from happening again.
I suppose next you'll blame the CRA, which only made red-lining illegal, not denial of loans based on credit history.
VLC FOR MAC IS DYING! IF YOU DEVELOP, PLEASE SAVE IT!!
The trillion dollar car industry was already on its way to implosion. Even if the plan used the money up quickly, this just means that the car industry benefited that much more quickly.
The cost of the advertising is mostly in the fees to the media companies, if the program was canceled, they can quickly make new advertisements.
Medicare is far more efficient than the private health insurance. Rationing, to the extent that it exists at all, is far more rare in this countries than you state. Rationing is actually far worse in the US where the insurance companies do it as a matter of policy. We pay more per capita than any other country but our health care system is one of the worst for a non third world country.
If you don't like the rebate program, just wait for health care reform designed by the same folks. I'm so excited I can hardly wait.
Why is there an "insightful" mod and why isn't it "-1"? If I wanted insight, I wouldn't be reading
>>>>> If I had an old 17mpg pickup I would be allowed to get a 19mpg SUV and get the free congressional money,
>> Wrong! The new car has to get at least 10 mpg more... Try looking it up first! [cars.gov]
IMHO you owe me an apology because you're wrong, plus you were rude about it.
I wish I knew how to moderate, because I'd remove a couple points
from your "informative" post that's completely UNinformative.
"I disapprove of what you say, but I will defend to the death your right to say it." - historian Evelyn Beatrice Hall