Welcome to the wonderful world of socialism. But, you know what? I think a big part of a vibrant economy is psychological. I am pretty sure that is true about the stock market. I also think we are in a time where computers and technology are making a mess of the job market. People like Bill Gates are making shameful amounts of money (according to Democrats, which he probably supports) by developing computer software that will most likely put people out of work. One person with a PC and the right software can do what 10 or 20 people used to do. Computerized machines can do what 10 or 20 people used to do. So you have all these people that have nothing to do and a smaller percent that make shameful amounts of money because they know the technology. "Cash for Clunkers" is something about the stimulus bill that is actually working, something we can actually see. I would rather my tax dollars go to something like that than people filling potholes, which should be the responsibility of each city or state. And it could actually benefit the rest of us if it reduces our demand for oil, which would lower gasoline prices. Also, if it gets some of those smoke bombs off the road, that will be a good thing. Have you ever driven behind one of those cars that looks like they are fogging to kill insects? Of course, on the other hand, it is similiar to the thinking that got us in this mess to start with (letting people buy a house they cannot afford). We may be fixing people up with cars they cannot afford. That I would not like. Hopefully, people have to qualify for the loans they are getting to pay for the car. I would almost bet that it will bite us in the ass somehow. These "something for nothing" deals usually do. I bet some smart used car dealer figures out a way to get druggies to trade in his old clunkers so he can sell the new cars at a reduced price.
Are you saying Democrat policies are bad? They should not be paying off the people that voted for them? Yeah, it chaps me, too. I guess my point is, at least common folk are getting some good out of this stimulus money as opposed to most of it going to ACORN, labor unions, etc. Believe me, when Democrats are in charge, the definition of what government should be doing goes straight down the crapper. The Democrat party promotes the nanny state, which is loved by their deatbeat, something-for-nothing supporters. Most of them are just jealous of the ingenuity of people like Bill Gates. They would rather sponge off the government than make their own way. I would be happier if they used the money to train people to make their own way, or something like that. No giveaway program is fair, and that is why socialism is not fair. Jesus had a parable about a guy that was haired to work all day and other guys that were hired at various hours of the day. Yet they were all paid the same amount. He was making a spiritual point, but he used an example that any sane person would think is unfair. Even He knew that men should be paid consistently and fairly for the hours they work. If one person works and pays taxes and another person works half as much and pays half (or even less than half) as much tax, and they receive the same amount of (rationed) benefits, how long before the harder working guy stops working as hard? The welfare program pretty well proved all that.
That mechanic deal may or may not be true. The last time a bought a car made in Detroit was the mid 1970s. It literally fell apart. I have not owned an American-made car since. These new cars will fall apart soon enough. I assume the cash for clunkers applies only to American made cars. I heard that charitable outfits that take donations of old cars is almost out of business because of this as well.
Well, that figures. However, I do not think the Cash for Clunkers program is meant to stimulate the economy. It is meant to get old gas guzzlers off the road. To do that, you probably would have to by a foreign car.