I'm sorry, but this is why you need to be 18 to vote. And is that waiting long enough? A people raised on entitlements and programs become dependents of their government. Do just a LITTLE reasearch. Open your eyes. The Obama administration and both sides of the aisle that let this fleecing of the American people come to be should be removed from office. Did it help a very few people? Yes. Did it screw the brains out of the American people as a whole and gut the system? Yes.
The average "cost" to the people for this program was $24,000 per clunker. $24,000. And that's coming from liberal CNN-
Cash for Clunkers costs taxpayers $24,000 per car - Oct. 28, 2009
In some states people were surprised to see that they would be taxed on their "clunker rebate". Surprise!!!!!
News, Weather and Sports for Sioux Falls, South Dakota, Minnesota and Iowa
And you are forgetting that when you tamper with the market, it can't work. Some people were nudged in a direction to buy a car they really can't afford or make a purchase sooner that they would have liked. That increase the likely hood of failing to repay the loan and further weakening the financial sector. But hey, it is great for the re-po companies and they are seeing a great year. You also take affordable transportation away from the youth and the poor. Nice. And you better take a good hard look at the impact made on fuel consumption and emissions-almost nothing in when you look at the broader picture. They knew this, and they did it anyway.
I don't have the time to even school you on all the ways this was a bad thing.
Wow.
I remember when people were ashamed to take a hand out. Now they are looking for one.