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  • Why 'Cash for Clunkers' Is a Bad Idea [View article]
    The law should have allowed any car in drivable condition to be used as a clunker, it wouldn't be "gaming the system" to go out and acquire a clunker for a trade, it would get the car off the street and sell a new car, which is exactly what the program is supposed to do.

    In addition, if people were able to buy a junker for the express purpose of trading it in, those with the clunkers would be able to sell them for a good price and get a better car, sort of a trickle down effect.

    This law will do nothing to either get junkers off the road or stimulate new car sales. It's another joke from Congress, that's all.
    Jun 28 10:20 am |Rating: +10 -1 |Link to Comment
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