SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Politics for Pros- moderated

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
From: LindyBill9/2/2009 2:28:22 PM
3 Recommendations  Read Replies (2) of 793961
 
Digging a Hole, Filling It In

By Radley Balko on Uncategorized

Good point by Gregg Easterbrook in, oddly, his Tuesday Morning Quaterback column for ESPN.com.

Can anyone explain why American taxpayers are being taxed, via the Cash for Clunkers program, to subsidize the destruction of low-mileage cars — while simultaneously being taxed to support General Motors, which just released a 426-horsepower, 16-mpg Camaro to complement its 556-horsepower, 15-mpg Cadillac? Under the Cash for Clunkers mileage rules, both cars classify as clunkers! Taxpayers are simultaneously paying to destroy old low-mileage cars and build new low-mileage cars.

It's the government equivalent of a perpetual motion machine.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext