If you want to see Government efficiency at work, look no further than the “cash for Clunkers” program put together by those brilliant politicians in Washington. This is a good example of why we DON’T want politicians making decisions for us, for our future, and especially for our healthcare.
According to the AP, they will be halting the program that began just barely a week ago at midnight on Thursday. If you were going to take advantage of that offer, I hope that you made it down to the midnight sale at your local car dealership.
This program was designed to help give auto sales a boost and get some of the old gas guzzling cars off of the road by offering incentives of $3,500 to $4,500.
Through this past Wednesday, 22,782 cars have been sold and $96 million of the $1 billion allotted for the program was spent. According to dealer surveys, dealers are concerned that they might have already gone over the limit of cars allotted for the program because of the severe backlog in getting cars approved on the Government level. Imagine that…the Government putting out a program that they were ill-prepared to administrate. Maybe those in charge should have read the details of the program first.
There might not even be funding left for the deals that have already gone through the system pending approval. Congress is acting fast. They want to approve more money for the program. Now there is a surprise – Congress wants to spend more money. They are so excited to see something that they have put together work so well. “Let’s spend billions more no trillions more…give free money to the people!!” Sorry, I got a little carried away.
Of course, now they have all of these cars to dispose of which should be a concern for the EPA. Is it pure speculation or is getting rid of 250,000 cars sort of a problem?
Close your eyes and imagine the politicians making decisions on your healthcare.



















August 9th, 2009 at 11:05 am
[...] Brooks presents Cash for Clunkers Breaks Down posted at Bob Brooks – Prudent Money [...]