seven whole posts ? earn some stripes noob.
In this context, an incremental sale is a sale that would not otherwise have occurred without the Clunkers program.
If I say it's a waste of money, will you stop quoting that Edmunds freak or, if you must quote him, kindly explain the specifics of his voodoo mathematics every time you do?
You will get intelligent bebate when you post something intelligent.
And yes, an idiot just might think you are closer to the truth, but anyone with a brain would know you are not.
If you know anything about government welfare programs you would know they are unbelievable wasteful.....
What's it like for you, living in a world of assumptions? Is it fun?
"Born at the earliest fringe of the baby boom, Mr. Bush was pressed during his years at Yale, 1964 to 1968, to take sides in the great battles then unfolding over politics, civil rights, drugs and music. Mostly he was a noncombatant in those upheavals, but when forced to choose, he ultimately retreated to the values and ideals established by his parents' generation, and to their accepted methods of rebelling.
In short, while some students took to the barricades, Mr. Bush took to the bar."
And GM and Chrysler are still bleeding to death.
The liberal media never wants to expose the insanity of Obama's plans.
Good luck, with that!!
Typically, the "conservatives" (here) expect most folks to accept their rhetoric as Gospel.
As would be expected, Faith is a big-issue, with them, and...typically....Rhetoric = Absolute.
On this forum, all people do is argue? I was looking for inteligent conversation and it seems that there's none to be found here.
.....From The Book O' "conservative"-Absolutes.
There are no more fuel efficient vehicles in the US than there were before CforC. And GM and Chrysler are still bleeding to death.
LTKrgm- It's $25,000 per incremental sale on 125K clunkers.
This was a waste of taxpayer dollars. Spending 25K for each 3.5K rebate/clunker just sounds dumb. Multiply that by 125 clunkers to yield the waste and stupidity.
There was more waste here:
1) Perfectly good cars were destroyed in some cases.
2) The used car market was harmed, jobs were lost
3) Low income car drivers were hurt.
4) Many of the cars sold
were foreign made, so taxpayers funded company profits overseas.
5) Car sales plummeted afterwards, causing delayed pain and layoffs.
.......
George Bush sold more cars under his
plan in 2008 than Obama did in 2009. George Bush's
plan didn't cost the taxpayers one penny. Bush
didn't lie or brag about his success in car sales, unlike Obama.
But it's far worse than just Cash for Clunkers. Remember GM became
Government Motors, funded by the US taxpayer now.
2nd, any rebates given were basically in the forms of checks to people who exchanged their cars - so, it wasn't exactly money "wasted" it was money transfered
You're learning.
ofcourse, the 2008 economy was better than the 2009 economy, so I'm not sure Bush's success means anything.
"It is not so long ago, that economists and politicians on both sides of the Atlantic fretted about the US government's escalating budget deficit and the ballooning size of public debt.
The days of gloom are over."