wow!!
Obama will give up to $8,000 or less if you trade in a car 8 years old for better mileage new cars.
Of course, this is regressive because Acorn members don’t buy new cars, and the price of junks will go up because my kids will go buy $300 junks and trade them in for $8,000, but, hey, its for the economy.
And you cannot raise taxes unless you give money away on brainless schemes.
Any time the government intervenes in the economy to “make life better” or to stimulate an industry, the government always does more harm than good.
Still I will trade in my 19 year old perfect condition car for a brand new one because after the $8,000 Obama is offering today I can get a brand new car for $11,000 to $12,000
Gee? Is that too good to be true?
Do you think GM and F will raise prices on new cars and eliminate anll the cash back incentives so that a Taurus that I could have gotten yesterday for
MSRP $22,500
Cash back 2,500
trade in 3,500
Negotiation/ 2,000
March 22, 2009 14,500
After Cash for Clunkers
MSRP $24,500
clunker 8,000
April 1, 2009 16,500
So I will pay $2,000 more for the car plus $6,000 more in taxes
My taxes will go up to pay the $6,000 to Ford
Way to go, food stamp baby President.
Change you can believe in.
Carol Teaches 