Our local news station reported that the “Cash for Clunkers” program was a great success and that $2.9 billion in incentives were paid out for 700,000 clunkers. They went on to report that the most popular cars to replace these clunkers were in order Toyota Corolla, Honda Civic, Toyota Camry, and the Ford Focus. Wasn’t this government funded (that means you and me) incentive program devised to bolster the bankrupt besieged Big Three U.S. car manufacturers?
Is it just me or does it bother anyone else that the bulk of the cars purchased with incentive funds went to foreign car manufacturers? How does that help the “Big Three”? I know that many of those foreign cars are made right here in the good ole USA, but I didn’t see them lined up with their hands out. I doubt if Chrysler and GM would agree with the media’s take that the incentive was a huge success. And I am inclined to agree.
Thinking out loud, RT
R.T. searcher, seeker, sojourner. Not all who wander are lost, maybe temporarily disoriented, but not lost.
