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IPFS News Link • Bailouts

Cash From Clunkers Let’s have a $4,500 subsidy for everything.

• WSJ
Americans are streaming back into auto showrooms, and one reason is the “cash for clunkers” subsidy. Democrats are naturally claiming this is a great success, while Republicans are claiming that because the program has run out of clunker cash so quickly, this proves government can’t run the health-care system. How do we elect these people? What the clunker policy really proves is that Americans aren’t stupid and will let some other taxpayer buy them a free lunch if given the chance. All of Washington professes to be surprised that the $1 billion allocated to the subsidy has been used up so quickly, but giving away money is one thing government knows how to do. The Clunkers who are in Congress are now patting themselves on the back for their great success, and the House quickly voted to pass out another $2 billion in clunker coupons. With a $1.8 trillion budget deficit, who’s going to notice this pocket change? Clearly, we spoilsports need an attitude adjustment to Washington’s ne

1 Comments in Response to

Comment by TheRockster
Entered on:

How many people do you know who are driving clunkers and can afford a $45,000 new vehicle? Something bogus here.



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