Why Cash for Clunkers Did Not Work
The cash for clunkers program was an example of pork barrel public relations by a corporatist government trying to kick start a depression-let’s take a look at the program.
Cash for Clunkers was a sop created to get politicians off the hook. They had given a couple of trillion dollars to bail out the rich on Wall Street, in banks and for those able to afford expensive homes and so the few billion for one last go at dumping SUV’s onto American highways to drive global warming was a winner. The American middle class want to believe there is lots of free money out there government can dump. The Republicans under Bush trained them to save nothing, consume to the max with huge credit card debts and loans in order to make the economy go. It was a dumb, virtually treasonous policy that will endanger U.S. national security in the future if not also the planet’s environmental security. The right way to go is national ecological economic self reliance with just a percent of cooperative advantage trade and secure borders with a stable pollution. The present inefficient cars Americans drive today are sent used to the second world. Those cars need to be solar recharged electrics.
Six million years ago the Mediterranean Sea was a dry basin. Two to three miles down on the valley below, on the valley floor the summer temperatures may have been a scorching one hundred and seventy degrees. If only the cash for clunkers had then existed, we could have bought all the fossil fuel vehicles and tossed them in to crash down and await the incoming tide in a hundred thousand years.
Three billion dollars spent to let seven hundred thousand used vehicle owners get new fossil fuel guzzlers with a little better gas mileage adds debt, gives jobs to German Opal workers instead of Poles, and enriches fossil fuel producers After giving two trillion dollars to the corporate world because they are ‘too big to fail’ in 2008 the Congress probably felt it needed to toss some comparative peanuts to jackasses that aren’t millionaires. In that sense the three billion was as effective of a policy decision as the three million that President Bush allocated to New Orleans dike repairs before Katrina blew over the levies..
All of us unemployed American global warming, job outsourcing clunkers could use free money; kicking it back to the haves is the haves way of thinking. They extend unemployment benefits to corporate ex-workers, yet not to the self-employed. Its real money too. No health care available for self-employed poor, or even workers compensation for injuries on the job. I’d by a new 2000 dollar bike if they had a cash for not-clunking policy. Exxon-Mobil signed on to Partner with trans-Canada on a 1700 mile gas pipeline from Alaska. Obviously the fossil fuel gang has got the politicians pulling their way decade after decade. It helps redistribute cash from North America to the Middle East and other points known and unknown.
President Obama signed the cash for clunkers bill into law as a kind of global blitzkrieg attack on alt vehicle competitors of the slumping auto industry in coordination with the German Von Cash for clunkers program.
Without work as politicians flit about to Davos and various G-8, G-20 and G-Whiz summits to coordinate the cash redistribution to the rich or formerly rich the past year, we look at the people with portfolios that dropped for a time and were bailed out with public debt increases as clunkers generally. Cash for researcher on More solar power collecting highway surface technology wouldn’t have clunked with the same U.S. economic leadership bodies hitting the ground sort of macro-thud as did the U.S. Congress approved cash for clunker automobiles program of 2009.
General Motors was at least acquired for a steal by the U.S. Government. It hopes to triple its auto sales in China next year. The Chinese developers of electric vehicles need more gas powered cars like they need more weight on the lead balloons of Internet chat-room enlightenment. Solar powered highways and paint, as well as medical services for the poor were not clunker investment areas the U.S. Government ought to have invested in. Keeping the formerly or presently prosperous in new cars wasn’t a moral choice for the government to make.
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