I've heard people at work talk about this program, and heard a story on NPR today that they've already sold roughly 250,000 cars under this program.
I think it's a great idea and it looks like it is working. Stimulate the sale of new cars, which keeps jobs within that industry, reduce the cost of fuel to people, and reduce the amount of gas we use.
And it looks like it is receiving bi-partisan support, although there are republicans quoted that don't like the program.
http://www.miamiherald.com/news/poli...y/1166593.html
Here's a FAQ site on the topic:
http://www.cashforclunkersfacts.com/bill-faq
I think it's a great idea and it looks like it is working. Stimulate the sale of new cars, which keeps jobs within that industry, reduce the cost of fuel to people, and reduce the amount of gas we use.
And it looks like it is receiving bi-partisan support, although there are republicans quoted that don't like the program.
http://www.miamiherald.com/news/poli...y/1166593.html
Quote:
| Congress and the Obama administration scrambled Friday to triple the size of the overwhelmingly popular "cash for clunkers" program after it appeared to be exhausting its $1 billion funding in its first week. The House of Representatives voted 316-109 to put another $2 billion into the program, taking the money from a stimulus-backed Energy Department loan-guarantee fund. "Consumers have spoken with their wallets," said House Appropriations Committee Chairman David Obey, D-Wis. President Barack Obama said he supported extending the program, which gives consumers as much as $4,500 each to put toward fuel-efficient cars when they trade in gas guzzlers. Obama said that this helped consumers, the environment and the auto industry while reducing U.S. dependence on foreign oil. The program aims to yield up to 250,000 trade-ins per $1 billion in federal assistance. "Not more than a few weeks ago, there were skeptics who weren't sure that this cash-for-clunkers program would work," the president said. "I'm happy to report that it has succeeded well beyond our expectations and all expectations, and we're already seeing a dramatic increase in showroom traffic at local car dealers." |
http://www.cashforclunkersfacts.com/bill-faq
















. If you look at other countries, they are MUCH better than the US with public transportation. Getting a gas guzzler will be more expensive for her to fill up gas everytime, and it really won't benefit her in the long run as it will just create more smog, which is even worse for her child, let alone the rest of the world. I understand what you're saying with it helping her have a steady job and making her life easier, but at what cost???