Screw the environment (tongue - in - cheek)!
This is not about the environment - that is just a guise created by some politicians to tac on another stimulus plan. And boy is it one....$1 billion spent by consumers in a week! More money committed! We shouldn't stop there. We need to make any as-yet uncommitted ARRA funds do the work that this clunkers program is doing. Start getting this money out the door now, not a year from now. We need to extend the clunkers program to things other than autos: home appliances (like fridges and ACs), computers, etc. This program has shown it be the single best stimulus ever - by urging consumer spending at rapid-fire pace and volume. It just makes sense to expand it not just to other consumer goods, but potential investment goods/inputs as well.