Cash for Clunkers actually cost taxpayers $24k per vehicle

[retro]

Taxpayers' real cost of Cash for Clunkers: $24,000 a car, Edmonds.com analysis says - Drive On: A conversation about the cars and trucks we drive - USATODAY.com



Insane... lets just keep digging ourselves further and further into debt.

 

[Pabst]

well you cant get out of debt if you dont spend like a drunken 17 year old girl who has her daddy's wallet chock full of credit cards.

unless...you spend less money than you take in? holy shit i think i came up with a totally new concept.

because clearly neither party knows anything about the phrase fiscal conservatism.

 

[Azazel]

 

[Accountable]

It's got to be a planned dismantling and destruction of the American economic system. Nobody that makes it to federal office is that stupid.

 

[Pabst]

It's got to be a planned dismantling and destruction of the American economic system. Nobody that makes it to federal office is that stupid.

never underestimate the power of stupid people, especially in large numbers. i think this may have been of the reason why they got into office, we assumed they were too stupid not to get there. and it should be pissing us all off.

 

[Accountable]

Well I'm pissed, alright.

 

[Alien Allen]

If you look at the Edmunds report it gets better yet. They figure more cars would have been sold overall without this program.

 

[nova]

Wanna get even angrier. The average value of the clunked cars was $1500. Thats the equivalent of the US Gov't buying $1 bills for $16 each...