Cash for Clunkers

The ‘Cash for Clunkers’ deal has really taken off. So much so The House approved an additional $2 billion in hopes there will be enough money to keep the program alive for another month. The program pays consumers’ cash vouchers if they trade in their gas-guzzling cars for a new car that’s environmentally friendly and fuel-efficient.

I’ve read the typical over reaction from all the perfect souls out there who argue the government is enticing the same people who couldn’t afford to buy houses to now purchase cars they can’t afford. Who cares? It’s better then not doing a damn thing! The whole idea is to get a vital component of our economy going, the car manufacturers. In doing so maybe their workers stay employed, maybe the industry gets healthier financially, and just maybe the economy moves away from the abyss its been tittering on. And yeah I know GM and Chrysler already got bailout money at taxpayers’ expense, and all the stimulus package is doing is hiking the money supply so inflation and the devaluation of the dollar are inevitable. But what I get so tried of hearing are the people with no new ideas offering the same diatribe the government is rewarding people for doing the wrong thing. You want to know what’s more important? That our country survives. If you want to keep your 10-year-old piece of crap do it. The government is not putting a gun to anybody’s head, and just because another person decides to take advantage of a good deal, doesn’t necessarily mean she or he can’t afford to. Last time I checked car dealers are still running credit checks. They haven’t gotten that damn desperate. I don’t get where this correlation between people who couldn’t afford their houses are now buying cars they can’t afford. I can afford my house just fine, thank you as well a new car. Good grief my head is hurting.