[s-cars] NAC! Clunker Math aka. Government Accounting!

JC jc at j2c3.com
Tue Mar 2 17:03:12 PST 2010


Clunkers had nothing really to do with environment/safety. It was pure auto
and general economy subsidy/stimulus, end of story.  Desperation move to
ensure that more companies and jobs in the Auto industry didn't collapse.
Anything otherwise was pure PR benefit...  Seems to have semi-worked, in
keeping the next tier of dealers/suppliers alive through the worst of it.

Agree with you though, I still find this "bail out and subsidize incompetent
companies and industries" approach irritating.


> It seems representative of general foolishness our Government
> perpetuates when trying to provide Health Care for all, save
> the Ecology, make things safer, bailing out banks and car
> companies so their failure won't devistate the economy, all
> while passing legislation to create jobs and other general
> distribution of wealth we don't have anymore.
> Good thing my grandchildren will pay for it all - we're doing
> this for them right!
>
> Ben
>


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