Monday, August 3, 2009

Cash for Clunkers

2 comments:

Jeffrey Stingerstein said...

It very much should have been made in US only. Just like the original Buy US Clause that was in the stimulus package but was later taken out.

The program has its flaws, no doubt, but new car sales are up because of it.

Kliph said...

New car sales are up for now.
But did they take away from next years sales?
Besides, some good cars are being destroyed.

What this does is take good used cars off the market.
If I were looking for a cheap used car, as a second car, I may not find one.
And the price of used cars may go up.