Is the cash for clunkers program a waste of time?
http://www.wcpo.com/news/local/story/Cash-For-Clunkers-Will-Your-Car-Qualify/-L0o6r4hEEG1qgDRFuETrg.cspx?rss=703
This program is geared to scrap/crush the old beat up cars the poor people drive. However the poor cannot afford a new car in the 1st place. So "rich" people who have reliable used cars will get new cars and they will be crushed. The poor cannot trade their junk in on a reliable used car.
Isn't this defeating the intent of the program?
This prog. sucks! Any wealthy family with a minivan and a car can just trade in the minivan for a new car (for the discount), while trading in the car for a new minivan (with no discount).
I have a better idea. Cut taxes on every American, and I'll buy my own dammed car.
