This is yet another government program that is destined for failure, while dragging us deeper and deeper into debt. This is a prime example of a buy now pray later attitude that has gotten us into the financial situation we’re in. This program promotes us and encourages us to live beyond our means under the guise of “saving the environment”. What a crock.
Lets look at this. The cash for clunkers deal encourages us to throw away a car when there’s nothing wrong with it other than it makes crappy gas mileage. They then have to DESTORY perfectly good vehicles so that it meets the requirements from the govt. We’re in a BAD economy and the govt wants us to destroy perfectly good vehicles just because they don’t meet some sort of “green” philosophy? My truck that I drive everyday would be a prime candidate for this program. I need a truck to do the things I do so I go in and get $4500 for my truck, then have to buy a $20,000 truck (very low estimate) to replace it. I’m still spending $16,000+. How is that smart in this economy? Especially when there is nothing wrong with the truck! Taking on debt like that now seems really dumb to me. This is the government’s recommendation for me? Go deeper in debt during a bad economy and get rid of a perfectly good vehicle because it doesn’t make the best gas mileage. This is the philosophy that our congressman, senators, and our president has. Just spend more money and it will all be okay. We’re being governed by idiots!!!
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Couldn't agree more man...couldn't agree more.
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