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-   -   cash for clunkers (https://thetfp.com/tfp/tilted-politics/149964-cash-clunkers.html)

Rekna 08-28-2009 05:03 PM

Quote:

Originally Posted by Derwood (Post 2695305)
I don't particularly care if the autos bought through this program were made in the US or abroad....that wasn't really the point....it was to get people to the dealerships and to get inefficient autos off the road. Besides, it would be pretty iffy if the program were for US auto companies only

Not to mention illegal according to our treaties.

Belligerentkj 09-02-2009 02:49 PM

This may have been a good idea four or five years ago, however now it's to late; The damage is done. This and many other thing are nothing more than a ploy to draw the American's attion away from the sad facts at hand. Anyone found our presidents birth certificate yet... No, yet we put the California Governor Arnold Schwarzenegger through pure hell just to govern a state. WoW Arnoled has done more for America in way of helping people than Obama has or ever will. Let me stop right there or I will step on some toes here. Get the Facts people, oh thats the problem; That why there are so many people at these Town Hall meeting, we can't get the facts!!!!! Hummm, I thought that our goverment was there to protect and help us. Oh well, better luck next time around I guess.....

dc_dux 09-02-2009 03:53 PM

Quote:

Originally Posted by Belligerentkj (Post 2698199)
This may have been a good idea four or five years ago, however now it's to late;

I agree with you that the worst economic downturn in more than 60 years was not Obama's fault.

Many economist believe Obama's overall stimulus program (ARRA, TARP... more than "cash for clunkers") has helped stabilize the economy and bring it out of recession more quickly than otherwise would have been likely:
Quote:

Government efforts to funnel hundreds of billions of dollars into the U.S. economy appear to be helping the U.S. climb out of the worst recession in decades....

U.S. Economy Gets Lift From Stimulus - WSJ.com
Cash for Clunkers? A minor piece of the recovery puzzle that will certainly not help the US auto industry in the long-term.

Rekna 09-02-2009 04:01 PM

Quote:

Originally Posted by Belligerentkj (Post 2698199)
This may have been a good idea four or five years ago, however now it's to late; The damage is done. This and many other thing are nothing more than a ploy to draw the American's attion away from the sad facts at hand. Anyone found our presidents birth certificate yet... No, yet we put the California Governor Arnold Schwarzenegger through pure hell just to govern a state. WoW Arnoled has done more for America in way of helping people than Obama has or ever will. Let me stop right there or I will step on some toes here. Get the Facts people, oh thats the problem; That why there are so many people at these Town Hall meeting, we can't get the facts!!!!! Hummm, I thought that our goverment was there to protect and help us. Oh well, better luck next time around I guess.....

Great another troll for us to have to debunk every other day... You should really read past posts before spouting of ignorant crap like this. Pretty much everything you have said has been debunked almost daily. I'm not going to waist my time debunking the same lies again.

Belligerentkj 09-03-2009 01:35 PM

Quote:

Originally Posted by Rekna (Post 2698250)
Great another troll for us to have to debunk every other day... You should really read past posts before spouting of ignorant crap like this. Pretty much everything you have said has been debunked almost daily. I'm not going to waist my time debunking the same lies again.

So let me get this right, you expect me (another troll) to believe that you have read the bill on health care and are the foremost expert on it as well. ( Pretty much everything you have said has been debunked almost daily.) Arnold Swarchenegger has opened many inner city gyms, has made movie after movie, brought Mr. Olympia to the national level for the world to come togather and compete. I could go on an on about how Arnold Swarchenegger has helped the USA. Sad to say for Obama, all his efforts were put in the projects in one area that is no better of now than when he started it. Well there I go agin spouting of ignorant crap! Then enlighten me in the error in my knowledge of Obama, his health care plane, what he has done in his past to help the USA. Why it is hard for him to be open with the American public and stop flipfloping back and forth with what he believes. Stop lieing. (I'm not going to waist my time debunking the same lies again.) Please do not, I would hate for this Troll to have to list more facts. Now as for the us part of your rant, where are they? Oh and where is that birth certificate? After he was born in another country he was moved to the US. Ok forget the birth certificate, where is his green card?:orly: Well better luck next time. Your kind are sad, you would rather rant and rave and call people names than to help them to understand your point of view, if you even have one! I'm new to this site and I like to hear people's opinions and learn facts about different things. However only to find sad people like you and I'm guessing that he speaks for all of you because he used the term us in his statement. It leaves little to wounder about why we are where we are today with people like this. Keep up the good work.....

rahl 09-03-2009 01:45 PM

Quote:

Originally Posted by Belligerentkj (Post 2698645)
So let me get this right, you expect me (another troll) to believe that you have read the bill on health care and are the foremost expert on it as well. ( Pretty much everything you have said has been debunked almost daily.) Arnold Swarchenegger has opened many inner city gyms, has made movie after movie, brought Mr. Olympia to the national level for the world to come togather and compete. I could go on an on about how Arnold Swarchenegger has helped the USA. Sad to say for Obama, all his efforts were put in the projects in one area that is no better of now than when he started it. Well there I go agin spouting of ignorant crap! Then enlighten me in the error in my knowledge of Obama, his health care plane, what he has done in his past to help the USA. Why it is hard for him to be open with the American public and stop flipfloping back and forth with what he believes. Stop lieing. (I'm not going to waist my time debunking the same lies again.) Please do not, I would hate for this Troll to have to list more facts. Now as for the us part of your rant, where are they? Oh and where is that birth certificate? After he was born in another country he was moved to the US. Ok forget the birth certificate, where is his green card?:orly: Well better luck next time. Your kind are sad, you would rather rant and rave and call people names than to help them to understand your point of view, if you even have one! I'm new to this site and I like to hear people's opinions and learn facts about different things. However only to find sad people like you and I'm guessing that he speaks for all of you because he used the term us in his statement. It leaves little to wounder about why we are where we are today with people like this. Keep up the good work.....

Take a deep breath......ok, now nobody was talking about the healthcare bill, they were referring to the numerous posts about things like Obama's birth certificate(which has been proven he is a citizen and born here). Your initial post seemed intentionally inflamatory, that was why you were called a troll. That may not have been your intention but it came off that way. Welcome to the site by the way!

Rekna 09-03-2009 04:59 PM

You brought up a lot of things that have been thoroughly debunked and are not at all related to cash for clunkers. That is why you are a troll.

What does Arnold have to do with cash for clunkers? what does Obama's birth certificate have to do with cash for clunkers? What do the town hall meetings have to do with cash for clunkers?

You came into this thread and posted a bunch of unrelated talking points many of which are from the crazy wing of the conservative movement.

If you want to be a constructive member of this forum then you should really try to stay on topic and fact check what you post before you post it.

NoSoup 09-07-2009 11:11 AM

It's been touched on, and may not really belong in this thread, but in some areas of the country (one example being Detroit MI) they are knocking down homes in order to increase demand, and inflate the prices of other homes.

Similar to perfectly good cars being destroyed, perfectly good homes are being destroyed as well in the hunt for the elusive recovery...

smooth 09-07-2009 12:23 PM

I'm just curious how Arnold was put through "pure hell" when we elected him as our governor. The only focused criticism was the allegation he groped a woman and after he apologized it was over and done with.

samcol 10-06-2009 07:42 AM

Now that the dust has settled car dealerships are busy twiddling their thumbs again, and the net gas savings is only equal to a single day of US gas consumption. Also the net cost of the program was $1.4 billion. I'm not impressed.

Quote:

Clunkers in Practice
One of Washington's all-time dumb ideas.


Remember "cash for clunkers," the program that subsidized Americans to the tune of nearly $3 billion to buy a new car and destroy an old one? Transportation Secretary Ray LaHood declared in August that, "This is the one stimulus program that seems to be working better than just about any other program."

If that's true, heaven help the other programs. Last week U.S. automakers reported that new car sales for September, the first month since the clunker program expired, sank by 25% from a year earlier. Sales at GM and Chrysler fell by 45% and 42%, respectively. Ford was down about 5%. Some 700,000 cars were sold in the summer under the program as buyers received up to $4,500 to buy a new car they would probably have purchased anyway, so all the program seems to have done is steal those sales from the future. Exactly as critics predicted.

Cash for clunkers had two objectives: help the environment by increasing fuel efficiency, and boost car sales to help Detroit and the economy. It achieved neither. According to Hudson Institute economist Irwin Stelzer, at best "the reduction in gasoline consumption will cut our oil consumption by 0.2 percent per year, or less than a single day's gasoline use." Burton Abrams and George Parsons of the University of Delaware added up the total benefits from reduced gas consumption, environmental improvements and the benefit to car buyers and companies, minus the overall cost of cash for clunkers, and found a net cost of roughly $2,000 per vehicle. Rather than stimulating the economy, the program made the nation as a whole $1.4 billion poorer.

The basic fallacy of cash for clunkers is that you can somehow create wealth by destroying existing assets that are still productive, in this case cars that still work. Under the program, auto dealers were required to destroy the car engines of trade-ins with a sodium silicate solution, then smash them and send them to the junk yard. As the journalist Henry Hazlitt wrote in his classic, "Economics in One Lesson," you can't raise living standards by breaking windows so some people can get jobs repairing them.

In the category of all-time dumb ideas, cash for clunkers rivals the New Deal brainstorm to slaughter pigs to raise pork prices. The people who really belong in the junk yard are the wizards in Washington who peddled this economic malarkey.

Baraka_Guru 10-06-2009 07:54 AM

It's too soon to tell anything. Automobile inventories are at a 24-year low. Right now dealers have fewer incentives to offer discounts so soon after the program and with inventories so low, and consumers have fewer options to choose from.

The dust hasn't settled yet. At least the country isn't sitting on a huge inventory. That in itself is a common indicator of a recession. When people need to replace their cars in the near future (it will happen), where will those cars come from? Oh, maybe Detroit, for one.

Cimarron29414 10-06-2009 10:12 AM

Quote:

Originally Posted by Baraka_Guru (Post 2712853)
At least the country isn't sitting on a huge inventory. That in itself is a common indicator of a recession. When people need to replace their cars in the near future (it will happen), where will those cars come from? Oh, maybe Detroit, for one.

This isn't entirely true - the dealerships have certainly reduced their inventory through this program. However, the union contracts REQUIRE that X number of cars are produced a day/week/month. Thus, the program has simply moved the inventory from the dealers to the car company warehouses. I've seen images of OCEANS of new cars in parking lots waiting to be shipped to dealerships who aren't buying.

This program will go down in history as gallactically stupid (and unconstitutional).

kutulu 10-06-2009 10:19 AM

They can downplay the significance of the environmental benefit all they want but a reduction equivalent to 1 day's use of gasoline is significant.

flstf 10-06-2009 10:35 AM

I know that I wouldn't have purchased a car to replace our 20 year old junker if it wasn't for the CforC money. We were going to junk it this year and just drive our truck which gets about 11 mpg. Our new car gets about 25 mpg. There must be others with a similar story so maybe things would be even worse without this program.


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