Recap: Cash for Clunkers Twitter chat, August 4
From Banovsky, Featured Contributor
Posted on August 4, 2009
Filed under Government, Industry, Mileage, News, Misc, Advice , Discussion, Twitter, Beat the Recession, vLane, Cash for Clunkers, Car Allowance Rebate System, CARS, Alliance of Automobile Manufacturers
Cash for Clunkers is a hot topic here on vLane, and we want to keep you up-to-date on the latest news and developments.
Since our recaps are ever-evolving, we've included it here on vLane as a discussion thread, and we feel it suits the nature of the discussion well — and you can see that we had a huge response! Enjoy!
So? What are you waiting for? Click through to the recap.
Banovsky is a featured contributor for vLane.
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FlagFrom Anonymous
Commented on August 4, 2009Here is a great article about "Cash for Clunkers"...and I completely agree. What a BS program the government came up with!!! The approximate 200,000-300,000 people (out of how many millions of taxpayers) are going to reap the benefit of approx $3,000,000,000 of our taxes because they cant afford, or dont want to pay for, a new or used car. What if were not in the market for a new car? So, were going to overstimulate the car sales this quarter and it will create a negative ripple for the next quarter when the program is done. The money the government is wasting is almost as bad as the money they waste on our Welfare program (a program apparently designed for lazy people who dont want to work, except for the 5-10% of people who legitimately need it!!!) What an absolute waste of money!!! Give $4500 for cars worth $500 or less...
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