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


To: bentway who wrote (554366)3/11/2010 6:02:44 PM
From: TimF2 Recommendations  Respond to of 1577853
 
Cash for Clunkers brought additional people into the new-car market — those who normally buy used cars

If your going to destroy some of the used inventory, your likely to get a net increase in new sales, but its a net negative not a plus. The money (both government and private) used to buy those new things won't be used to buy something else. The resources used to build the new cars, are unavailable to buy something else. The destruction of the used cars, is directly the destruction of valuable resources.

I suggest you (and Heaster) read some Bastiat

bastiat.org