Posts Tagged cash for clunkers

Well Done Uncle Sam…

Yet another stellar job by Uncle Sam… The Cash For Clunkers Program.

Not only did we manage to blow the entire $3 BILLION budget on the program in the blink of an eye.

We also managed to help everyone EXCEPT AMERICA!

Sure, of the Top 10 Most Purchased Cars in the program Ford had 2 spots, but that’s it.  The other 8 spots show us that the vast majority of the stimulated cash flow by this program went to aid foreign car manufactures (41% of the new vehicles purchased came from Japanese automakers alone!).

So let me get this straight, if I went out and spent my American money to help a Foreign car company profit, American taxpayers (yeah, that’s you!) would thank me by giving me their hard earned money in the form of a tax credit?  Make sense to you?

But let’s not despair just yet… American cars were a very big part of this program.

So big in fact that EVERY SINGLE ONE of the Top 10 Traded-In Vehicles is a product of the heartland of America in Detroit.

In summary…

Take American cars off the road
Replace them with brand new foreign cars
Let foreign companies profit during our tough economic times
Penalize American Tax payers in order to “Thank” those that gave money to other countries…

Is that about right?

Just thinkin’ out loud here.  What are your thoughts?  Leave me a comment down below.

Rock On!
Coach Dan Huff

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