Cash for Clunkers Broke – Another Gov. Program Failed
If you need any other proof that the government cannot do anything right, take a look at their “cash for clunkers” program. This was a wasteful idea to begin with, by giving people up to $4500 for their old vehicles. Once again, the tax payer had to shell out to help your neighbor buy a new car. As with most government programs, this one is another miserable failure.
“The U.S. government’s $1 billion “cash for clunkers” program to spur new car sales ran through the money six days after it began, Senator Debbie Stabenow said.
Stabenow, a Michigan Democrat, and other lawmakers called for an infusion of taxpayer money to subsidize more new-vehicle purchases in the effort to revive dealerships and automakers while getting older, less fuel-efficient vehicles off the road. “
Of course running out of money doesn’t mean they will stop, it just means they will find more of our tax payer dollars to fund this useless program. These people can’t even manage a simple idea such as this, do you really want them controlling your healthcare?
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