Comments on: Real-World Cash for Clunkers http://www.mint.com/blog/trends/cash-for-clunkers/ The blog of the free, simple personal finance solution. Track all your spending automatically, find the best deals, save more money. And save the world. Sun, 12 Feb 2012 05:07:51 +0000 hourly 1 http://wordpress.org/?v=3.1.3 By: Paula at CreditLaw.com http://www.mint.com/blog/trends/cash-for-clunkers/comment-page-1/#comment-35873 Paula at CreditLaw.com Mon, 24 Aug 2009 01:13:41 +0000 http://www.mint.com/blog/?p=5534#comment-35873 Generally, I think the government had to do something and it appears that the CARS program was somewhat successful. After all, they would have been given just as much flack for not doing anything... I can't argue with David, but it's an imperfect system... Now that the program is ending, I'm curious to see how it may affect the demand for cars in the foreseeable future... Generally, I think the government had to do something and it appears that the CARS program was somewhat successful. After all, they would have been given just as much flack for not doing anything…

I can’t argue with David, but it’s an imperfect system…

Now that the program is ending, I’m curious to see how it may affect the demand for cars in the foreseeable future…

]]> By: David Carlson http://www.mint.com/blog/trends/cash-for-clunkers/comment-page-1/#comment-35510 David Carlson Thu, 20 Aug 2009 06:27:23 +0000 http://www.mint.com/blog/?p=5534#comment-35510 The one thing I hate about cash for clunkers is that the government is redistributing wealth. My girlfriend's clunker died last summer, and if this program was going on then, she would have a brand new car subsidized by $4,500 from the "government" aka the taxpayer. The winners are the ones who are able to take advantage of this program, but where is the money coming from? Everyone who isn't taking part in it. How is that anything less than redistribution of wealth? I find it sad that our government believes it is increasing the economic wealth of our country by taking money from citizens and giving it to citizens who buy new cars, while making it mandatory the clunkers be destroyed. How does that increase the wealth? Just some thoughts I've had on this program. -DC The one thing I hate about cash for clunkers is that the government is redistributing wealth. My girlfriend’s clunker died last summer, and if this program was going on then, she would have a brand new car subsidized by $4,500 from the “government” aka the taxpayer. The winners are the ones who are able to take advantage of this program, but where is the money coming from? Everyone who isn’t taking part in it. How is that anything less than redistribution of wealth?

I find it sad that our government believes it is increasing the economic wealth of our country by taking money from citizens and giving it to citizens who buy new cars, while making it mandatory the clunkers be destroyed. How does that increase the wealth?

Just some thoughts I’ve had on this program.

-DC

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