“Cash For Clunkers” Is A Clunker To This Point
What got us into the financial mess we’re in today? Well all the experts and economists tell us it was overspending and debt.
So what’s the solution? Why encouraging more consumer overspending and debt incentivized with your tax dollars of course.
I’m speaking of the “Cash for Clunkers” program – a $1 billion dollar government program that gives a $3,500 to $4,500 cut in price, obviously subsidized by your taxes, to owners of old “gas guzzlers” that meet a certain criteria as an incentive to go into debt for a new more fuel efficient and environmentally friendly car.
You say a billion bucks in the big scheme of things isn’t much. Of course that’s not the point. The government has no business giving your tax dollars away to subsidize someone else’s car purchase. None.
And here’s another point to consider:
But dealers reported problems with the government’s online system to get the transactions approved by the National Highway Traffic Safety Administration (NHTSA), which is running the program.
Scott Lambert, vice president of the Minnesota Auto Dealers Association, said he was “astounded” to learn at a meeting Tuesday representing about 150 Minnesota dealers that not one has had a deal approved.
“We had dealers representing 1,500 to 2,000 transactions,” he said. “We asked how many had a deal approved yet, and not one hand went up.”
Lambert said the government has created a program that’s “so big and cumbersome that it can’t find a way to accept anything. We’re sending in good, reliable deals.”
It’s nerve-racking for the dealers, he said, because they have given the customer $4,500 and now the dealers need to be reimbursed.
This is a crummy little billion dollar program that began July 1st and the government (why is the NHTSA in the car business?) has yet to figure out how it is supposed to work and how to reimburse dealers who’ve apparently followed their guidelines and laid out hundreds of thousands of their own dollars in anticipation of being reimbursed by the government.
In the meantime, what government has managed to create is a giant and apparently unresponsive bureaucratic mess.
And this is the crew you want running your health care?
All I can say to the dealers is you should have known better.