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HeyBub[_3_] HeyBub[_3_] is offline
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Default How to kill those "Klunkers"

Percival P. Cassidy wrote:
On 08/05/09 11:06 am, HeyBub wrote:

I'm not exactly what you would call a die hard "green" kind of a
person, but having learned the ways of thrift and economy from
grandparents who survived the great depression of 1929, I can't
help but see this as a total waste of otherwise useful resources.


Agreed. This is the biggest waste of money and equipment the gubmint
has come up with yet.


It's redistribution.

If the program ends up being $3 billion, that's roughly $10 from each
citizen. If all the participants get the $4500 discount/credit,
that's 666,000 people that will directly benefit. Or 99.8% of the
population will pay to benefit 0.02%.


You are not counting the benefit to the automobile industry and its
employees who will continue to have jobs.


And that's a good thing exactly how?