Quote:
Originally Posted by Cimarron29414
Right. And I suppose it's a grand idea that all of these cars are needlessly destroyed rather than giving them to people who don't have cars so that those people could have more freedoms and employment options. Not to mention the massive amounts of energy used to needlessly destroy them and the massive amounts of energy used to create the new car. Then there is the personal debt the buyer incurs, the risk the bank incurs, the debt the government incurs...
Hey, but all of that is offset by a mere 2 MPG improvement. What a GRAND program, just what I would expect from the federal government.
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Ya, this program does indeed hurt the poor. They are destroying the market for the only vehicles that low income people can even afford. These clunkers are naturally going to raise in price due to this program.
Ron Paul sheds some common sense on the subject: