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"Cash for clunkers" should have been used for the purchase of cars manufactured by US owned companies only. Ask a Question

"Cash for clunkers" should have been used for the purchase of cars manufactured by US owned companies only.
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8 Answers

Disagree, only because I feel that "cash for clunkers" is a huge mistake. If anything, I would have thought that homeowners about to undergo a foreclosure could maybe have used the money to keep their family in a decent house instead of them driving a new car.

3 Replies to jondough's answer

Yes, better for that money to go to the banks ultimately. But something that helps the dealers and the auto workers, that's a "huge mistake". Right.

"Huge mistake" to think that cars are more important than a home that a family may have already invested thousands and thousands of dollars in, which over time will most probably INCREASE in value. A family cant live in a car.

Im not for any handout but its stupid that the government gave people money for cars instead of housing. Im not sure why you are so anti-banking now when you were all in favor of giving banks billions of dollars a few months ago.

This isn't a judgment over which is more important. This is an assessment of the value of the clunkers program in and of itself. It's not a false dichotomy.

And I don't see where what I said is 'anti-banking'. I was observing how it's better for this money to go to help consumers, dealers and workers. That's not a judgment about banking.

And what is this about me being "all in favor" of giving banks billions?

just pretending:

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I pay taxes but can't afford to buy a new car but someone who has more money then me ►can◄

so I end up paying for ►HIS◄ car but can't afford to buy my own.

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Something is wrong with this picture! The poorer being forced to give to the richer by the government. (Not the "Rich" because they don't trade in clunkers)

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All to support or ►"pay back"◄ the Unions by the democratic administration for support in the election. More money our kids will owe this administration.

Cash for clunkers is a great idea. Anyone against it is just a whiner. It is like getting direct tax credit on your car purchase4. This time instead of it being on Hummers, it is for cars which use less fuel and it gets the old ones off the road.

This is one area the Govt has been very practical.

We want to reduce our fuel dependence,DONE

we nee more fuel efficient cars on the road,DONE.

We want to spur economic growth.DONE. (Up to about 30+% of Western economies is based on the motor cars) DONE

As to whether it should be used to pay for US owned companies. Bad idea.

US companies can have most of their parts produced overseas and foreign companies can have their cars made in the USA. This a very gray area.

2 Replies to Intinvage's answer

Absolutely agree, it's one the best programs than has come out of the stimulus. Hugely successful and the money goes where we want it to go. It's a win for everyone involved.

And with regard to the question posed, limiting it to US owned companies would have severely curtailed any benefits gained by dealerships and auto workers. A lot of "foreign" models, like Toyota for example, are made in America.

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I don't necessarily agree with the program, but it is successful for sure and It is achieving something positive. Discussing the merits is not the question here. It would not be good to limit it to US cars, because we live in a global economy and we can't go back. Many Americans are involved in foreign companies that make and sell foreign cars.

2 Replies to hoosier2u's answer

Agreed about the global economy. There are some foreign manufacturers that assemble cars in the US.

That includes a Toyota plant 15 miles from my house and five parts plants building American parts going into these Toyota's. All within 10 miles of the main plant by rail or truck.

Cash for clunkers is a bomb. A lot of people are buying cars and don't have enough money to pay for them. They will be repossessed just like the houses of the people that couldn't pay for those.

The money could have been used for something like road repairs, bridge repairs, school repairs, and I'm sure others can think of many more worthy things besides cash for clunkers.

2 Replies to Wingnutt's answer

Your comments are indistinguishable from the sort of thing someone who didn't have a clue what they were talking about would say.

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There are foreign car companies in the US that manufacture cars in the US. Therefore, I disagree with the question.

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3 Replies to BlackOrchid's answer

Do you ever stop and wonder why it is that the only other people who ever agree with you are morons?

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Still winning I see.

I have owned GM, Ford and Chrysler vehicles. Now I own a Toyota. There is no rebate that would make me consider downgrading back to any of those 3 again.

2 Replies to PhxMike's answer

LOL! Yes, it took me a couple of Chevies, a Ford and a few Dodges and Chryslers to realize American made cars were/are junk. In fact, I even looked in a Ford showroom after owning a VW but when I went to test drive the Ford pickup, the roof liner was coming detached from the roof and the damn truck sputtered and choked on a merge lane on the expressway. I barely could make 55 MPH, so I got off the next exit, putted along the side streets back to the car dealer and the salesman had the nerve to ask if I wanted to test drive another truck... ROFLMAO!

I agree. Not only the quality but they are made with the driver in mind not the way the manufacture thinks the driver should have it.