Friday, July 31, 2009

“Cash for Clunkers” is a Real Clunker

Most experiments require blind tests and double blind tests to ensure that the hypothesis and theorem is valid and I think this is a good idea from a consumer standpoint.

So the federal government develops a program, “Cash for Clunkers” to spur car sales and to begin fixing an ailing economy. I think, personally, it is a great idea as it will rid the road of old vehicles that emit too many pollutants and use too much gas. Really, it was a well devised program except…

Once again, the people who are in charge of our tax dollars can’t see one inch beyond the end of their nose. Why? They so totally underestimated the consumer’s acceptance of this program that it ran out of money in basically two weeks Now, the program has a moratorium as Washington tries to fund more cash to it so it can continue.

I think a billion dollars (that’s with a “B”) is a lot of money but at $3,500-$4,500 per vehicle and given the number of old cars that are still out there it wasn’t nearly enough to fund the program on an ongoing basis.

Couple with the amount of money spent by the car manufacturers (oh yeah, aren’t they bankrupt and trying to watch their dollars?) advertising this program and now it is “on hold”, I think that Washington has shown one thing in this experiment…they are ill equipped or under funded intellectually to take on nationalize medicine.

If there is a failure in that program people just might die.

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