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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.

40 comments:

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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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