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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: carranza2 who wrote (273700)9/6/2010 7:38:15 PM
From: bentwayRead Replies (1) of 306849
 
"Stupid stimulus programs like Cash for Clunkers, an UTTER waste of money, simply stimulate consumption, a worthless and irresponsible policy objective."

I disagree. The car dealing part of our economy was at risk of going the route of the passenger pidgeon. NO ONE was buying new cars. CfC helped to avert that.

As a bonus, it got many old, gas sucking, polluting vehicles off the road, and replaced them with safer, higher mileage vehicles.
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