Talk of The Villages Florida - View Single Post - Is "Cash For Clunkers" A Good Deal?
Thread: Is "Cash For Clunkers" A Good Deal?
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Old 08-05-2009, 10:59 AM
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Default Yes And No
Quote:
Originally Posted by gnu View Post
From your previous post it seemed that you were for the clunker program and now you to point out obvious faults of an unthinking, rush to pass a bill, Congress. Did Congress do the right job or not?
Yes, I'm for the cash-for-clunker program and hope that the Senate agrees with the House and adds $2 billion to the funding.

But, no, I think it could have been better. I don't believe for a minute that a prohibition on C4C funds going overseas was an oversight by Congress. I am convinced that some special interest lobbyists got into their pockets, maybe even provided them with a re-written bill, which would permit C4C funds to flow back to Japan, China or Germany.

But, even with it's warts, the C4C program is beneficial for the U.S. auto industry.