Cash for clunkers cost americans about $24,000/vehicle

Discussion in 'Politics' started by CMike, Oct 29, 2009.

  1. CMike
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    CMike Zionist, proud to be

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  2. Oldandtired
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  3. manu1959
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    manu1959 Left Coast Isolationist

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  4. saveliberty
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    saveliberty Diamond Member

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    Looks like to cost them $4,000 per car that met the program rules and resulted in a sale. Edmonds is considering the number of cars that would have sold during that period normally? Then looking at the net increase.

    It was a waste of money at $3,500-4,500 per car. For the most part it pulled sales ahead, inflated the cost of used cars and destroyed some cars and trucks that could have served someone well. Call it what it is and don't use fuzzy math.
     
  5. manu1959
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    manu1959 Left Coast Isolationist

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    my sarcasm sailed right by you...sorry....i am against government bailouts of anything for anyone for any reason.....
     
  6. saveliberty
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    saveliberty Diamond Member

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    My mistake. I should have just quoted MikeC. Yours was not sarcasm, unless you think it didn't save UAW jobs and sell Hondas and Toyotas. I thought it was a very accurate statement.
     
  7. Oldandtired
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    Oldandtired BANNED

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    It did not save a single UAW job.

    As a matter of fact, Ibelieve many have been lost during and since the program.

    I have not heard of ANY UAW hirings...but many plant closings....and temporary shutdowns
     
  8. saveliberty
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    saveliberty Diamond Member

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    GM has added a shift to the Delta Township (MI) plant for Buick Enclave, GMC Acadia and Chevrolet Traverse. In general, production is behind sales at the moment.
     
  9. Oldandtired
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    Oldandtired BANNED

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    But adding a shift does not offset the closing of many plants.

    And increasing production above demand is fine when there is an obvious reason to expect an increase in demand.

    But to increase demand on pure speculation is what gets companies into a lot of trouble.
     
  10. strollingbones
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    strollingbones Diamond Member

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    did anyone actually read the report and how they come to this figure? i did....really not a true cost reflection more just manipulation of stats
     

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