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Saturday, June 20, 2009

Another genius move by Washington

In a new addition to the "They just don't get it file", the Obamacrats have come forward with their so-called cash for clunkers program that they tout as likely to add 500,000 car sales this year. The program allows someone who has owned a car for at least one year to sell that car for up to $4500 in a voucher that can only be used for immediate purchase of a new car. There are various mileage restrictions, but the main point is this: the program will only benefit those who have very old cars and who are able to buy a new car with the assistance of the $4500 payment from the federal government for the old car.

Surely, this will help someone out there, but the numbers will be very small. most people who still have an old car worth less than $4500 in a trade cannot afford the cost of a new car. More precisely, few of these folks can qualify under the new strict guidelines (also required by the Obamacrats) that restrict the availability of car financing. So, with great fanfare, the Obamacrats pass a program to increase car sales, but they tailor it in such a way that no one will be helped. Gee, I surely want to see what they will do when they run healthcare. My guess is that only illegal aliens will be able to see doctors once the Dems are done.

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