There are a whole lot of things about "Cash for Clunkers" that I don't like.
One thing I don't like about it is that they are basically taking $3,500 or $4,500 from the average American taxpayer and basically GIVE IT to somebody else. That is redistribution of wealth, period. That's socialism.
However, what I hate even more is the fact that this program, which was estimated to run through November 1 of this year, is already being cancelled because it's running out of money.
What I hate even more is that this morning, Congress indicated that they will add 2 billion to the program. That's more socialism.
What I hate the most... Our government couldn't even manage this relatively simple little program predictably or competently. Yet that same government thinks that they can somehow rush into law a seriously complicated health care reform that is arguably flawed and definitely not fully understood by anybody, and expect us to believe that they can manage this program any better than Cash for Clunkers.
Let's just see. Congress originally estimated that the Cash for Clunkers would run from August to November at a cost of $1 billion. One week into the program (1/12th of the total program period), they had to add $2 billion more to meet the demand.
Let's extrapolate that to the health care overhaul...
A Bible verse to memorize
2 hours ago
1 comment:
Do I smell a skunk?
My calcs show
1 b gone in one week? I imagine gov takes 20% of the money to line a few pockets and set up the program. That means they must have sold around 180,000 cars in one week. Sounds like a lot of cars something seems off.
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