Clunkers, where did the jobs go.

Status
Not open for further replies.
Date sort Score sort
I think it was a great idea. Just because you're driving a "clunker", doesn't mean it's a clunker. A lot of people drive a vehicle till it has a ton of miles and a costly repair. Then they decide whether it would be a better idea to get another vehicle, or spend the cash to fix the problem while taking a chance on more costly problems down the road.
Credit agencies are not just rubber stamping loans at this time, so I doubt that the people that purchased new vehicles can't afford the payments. A smart consumer knows when they see a great deal. Alot of people that were driving "clunkers" under the circumstances I referred too, just decided to take the great deal, before they had a costly repair to deal with.

Not only did we help put a few people back to work, we were able to get a few gas guzzlers off the road. So I really can't see how anyone could think this is a bad idea.
 
Quote:
I think we did print up some fresh green to help out GM, the cash for clunkers was a scheme to boost the economic numbers, and get people spending money they don't have. We have been playing this credit game for wayyyy to long. What we really need is to take it on the chin, and get back to basics. When I grew up NOBODY was borrowing money for the things we do today. Literally the food on most peoples table and the clothes on their backs are bought on credit. And too many people are paying credit bills with credit, just like our government.
 
Quote:
The dealers here are doing high interest no credit check loans and advertising it with the cash for clunkers gimmick. I doubt ours is the only area where this is being done.
 
roll.png
hide.gif
 
Quote:
The dealers here are doing high interest no credit check loans and advertising it with the cash for clunkers gimmick. I doubt ours is the only area where this is being done.

I have to wiegh in on the negative side of this deal. All we did was clear dealers present inventory.Nobody is going back to work on this one.I heard Kia and all manner of foriegn car adds Should have saved american money for american cars.
 
Seeing as we are going to spend money I would have liked to see it go into public transportation. Also some grants for grants for electric cars, and the infrastructure to support them.
 
Status
Not open for further replies.

New posts New threads Active threads

Back
Top Bottom