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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: tejek who wrote (502070)8/6/2009 3:55:01 PM
From: i-node  Read Replies (1) | Respond to of 1576150
 
>> Back in March, no one was buying cars.

STILL, No one is buying cars. We've dropped from 16M to < 10M new cars sold annually. Adding 250k, however you do it, isn't a big deal. Lots of people who can't afford cars will buy them if you cut the price by $4,000. That isn't a good thing necessarily.

The important point is that it cost the taxpayers so much money to do this that it doesn't make good economic sense to do it.

I know you don't understand this. So don't bother trying.



To: tejek who wrote (502070)8/6/2009 5:51:40 PM
From: Tenchusatsu  Read Replies (3) | Respond to of 1576150
 
Ted, > Back in March, no one was buying cars. ... Cars for clunkers was one of several attempts to stimulate the economy's recovery. Its working. You should be grateful; not churlish.

I already gave my opinion on "stimulus." I prefer not to do one, but if you're going to do it, do it fast, do it full-force, and do it short.

That still doesn't address the requirement that clunkers have to be in good working condition, though. Why have that requirement if all you want to do is stimulate car sales? Just write a check for $4,500 to anyone who buys a new car. Simple.

Tenchusatsu