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Tuesday, August 4, 2009

Answer: Cash for Clunkers is Best Stimulus Ever

http://www.foxnews.com/politics/2009/08/04/clunkers-programs-environmental-impact-debate/

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.

42 comments:

Vernon Malcolm said...

Now we need "Cash For Shanties" to tear down all those haz mat homes that cripple poor kids from birth and replace them with new, safe, efficient housing.

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