CARS runs out of Gas

Is this a good thing or a bad thing?

Congress allocated close to $1 billion for the Cash for Clunkers program. That’s billion with nine zeros. And all that money might be gone by midnight tonight.

On one hand, a lot of cars, both foreign and domestic were sold. On the other, it’s already over. On one hand, the industry was stimulated, if even for only a couple weeks. On the other, we borrowed the money to do it.

5 thoughts on “CARS runs out of Gas

  1. Just imagine – these are the SAME people who want to run your healthcare insuarance plan. No parallels here. What can possibly go wrong?

  2. The government just took $1,000,000,000 worth of affordable cars out of the market.
    That old pickup you wanted to buy for up north at the hunting shack just increased in value.
    Show me an unregulated market and I will show you to be a lying fool.

  3. Silly K-Rod…

    That’s because cars are evil. They pollute, AND they give people the freedom to move about where and when they want to. Ogabma and his leftist cabal wants everyone on government transportation so they can dictate where and when you move about, as THEY see fit.

    Like Janet Jackson – “Control”

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