The "Cash for Clunkers" program is a bad idea for the following reasons:
1. The plan is not cost effective in terms of job creation. It would spend $4500 per new vehicle sold. A car company must sell 100 cars in order to justify employing 1 assembly worker per year, since it takes about 20 man hours to produce a vehicle. So this plan spends $450K, more than what the POTUS makes in a year, to keep one autoworker employed for another 12 months.
2. It is wasteful. The plan calls for the traded-in vehicles to be scrapped. There is still some demand for SUV's and pickup trucks. By removing these vehicles from the roads, it could increase the demand for new large vehicles and increase consumption of natural resources.
3. It isn't fair to people who already drive small cars and don't qualify for the program. Don't be surprised if people hoard SUV's when the next bubble pops in the hopes that this idiocy will be repeated.
Meeting Dates & Reminders
Monthly Business Meetings
Thursday, 10th of December, 2009 from 7:00 - 8:30 PM
Waynedale Branch of Allen County Public Library
2200 Lower Huntington Road, Fort Wayne, Ind. 46819
(two blocks east of AZAR'S BIG BOY @ Bluffton Road/State Road #1)
Guest Speaker: To Be Announced
Social Gatherings & Meetups
Holiday Party Saturday, 5th of December, 2009 from 6 PM - 10 PM
PLEASE NOTE: THIS EVENT HAS BEEN CANCELED, SORRY!
Protect Your Rights! Vote Libertarian!
Participate in the Process! Now is the time for
a true change you can actually see not just believe!
Monthly Business Meetings
Thursday, 10th of December, 2009 from 7:00 - 8:30 PM
Waynedale Branch of Allen County Public Library
2200 Lower Huntington Road, Fort Wayne, Ind. 46819
(two blocks east of AZAR'S BIG BOY @ Bluffton Road/State Road #1)
Guest Speaker: To Be Announced
Social Gatherings & Meetups
Holiday Party Saturday, 5th of December, 2009 from 6 PM - 10 PM
PLEASE NOTE: THIS EVENT HAS BEEN CANCELED, SORRY!
Protect Your Rights! Vote Libertarian!
Participate in the Process! Now is the time for
a true change you can actually see not just believe!
Thursday, June 11, 2009
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The Libertarian Party of Allen County would like to thank Access Fort Wayne and The Allen County Public Library for providing us these opportunities to serve the public and promote the discussion at all levels of government about what is best for the future of of our communities, state, and nation.
Libertarians At Large is our live hour long call in show hosted by Doug Horner and airs on channels Comcast 57 and Verizon 27 on the third Thursday of every month from 7-8 p.m. Tune in Call in Contribute to the conversation.
LIBERTARIAN PERSPECTIVE
Libertarian Perspective is a reoccurring weekly prerecorded 30 minute public report show with a twist. This sometimes includes a candid discussion with officers and party members but usually focuses on current events and community stories left untold by other major news outlets. If you want to find out what we think about the stories that affect you tune in weekly to see our view of liberty in action. Libertarian Perspective airs at random times on channels Comcast 57 and Verizon 27.
The Libertarian Party of Allen County would like to thank Access Fort Wayne and The Allen County Public Library for providing us these opportunities to serve the public and promote the discussion at all levels of government about what is best for the future of of our communities, state, and nation.



2 comments:
"Cash for Clunkers" will put charity car donation programs out of business since the voucher will far exceed the tax deduction. A better idea is to change the tax deduction back to the book value. That way every car is eligible and it won't cost the taxpayers $4 million.
while this was suppose to be for consumers, it is not. scams abound, buyers beware. check this : http://butasforme.com/2009/07/17/cash-for-clunkers-the-ultimate-bait-and-switch-marketing-tool/
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