Better World Club

Tuesday, August 25, 2009

CASH FOR CLUNKERS: THE IMPERFECTION OF U.S. POLITICS

If We're Giving Money to the Auto Industry, Lets Give It To Consumers, Not Directly to GM

But If We Want to Encourage Green Car Purchases, Why Can You Turn In a 16 MPG Vehicle for a 20 MPG Vehicle?


The "Cash for Clunkers" program ended on Monday and, despite some carping, has proven itself successful in many ways.

If necessary for the revival of the auto industry, the program should be brought back. It's a far better way to provide money to the auto industry than giving the money directly to the auto companies.

However, there's a certain silliness about it. It has many purposes: to stimulate the economy (check), to bolster the auto industry (check), and to encourage energy independence and improve the environment (che...not so fast).

Former CIA Chief James Woolsey, now an energy independence activist, told BWC President Mitch Rofsky that getting gas hogs off the road was one of the most effective things our government could do to make the U.S. energy independent. Unfortunately, the government will still provide consumers with $3,500 even if their new vehicles get a mere 4 MPG improvement over their old ones. That's not enough--and is pretty silly. (A $4,500 credit is provided if the new purchase increases fuel efficiency by at least 10 MPG.)

So, keep Cash for Clunkers going if necessary...but come on. Next time around, adjust it so all of its goals can be met.

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2 Comments:

  • It should also have restricted the purchase to cars - no SUVs or light trucks and have had a requirement of 30 mpg or better!

    By Anonymous D Hemmings, At August 26, 2009 1:24 PM  

  • I am glad you like it--I hate the idea of President Obama embezzling the money out of my pocket, and leaving my kids, grandkids, great grandkids, and great great grandkids with trillions of dollars of debt and a devastated economy for this kind of program. God only knows when this nation will recover.

    I am so tired of this nanny state government telling me what kind of light bulb I can have in my house, what kind of car I can drive, how to live my life. I wish they would read the Constitution and show me the line and paragraph that specifically authorized this transfer of wealth....while they are at it, I will personally pay for a copy of the Federalist Papers and give it to him, if I thought he would read it....

    If there really is such a thing as Global Warming, perhaps Washington DC should realize that the real "hot air" is coming from Washington and perhaps they should shut up, close the doors, go home, and let the people clean up the mess the elites in Washington have made. They have certainly proven themselves incapable of doing anything right, much less Constitutionally authorized for the people who hired them and pay their overly generous salaries.

    Thanks for listening....

    By Blogger Gregg, At August 26, 2009 3:49 PM  

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