Should the senate extend the ‘Cash for Clunkers’ program?
THIS WEEK’S QUESTION:
“Should the senate extend the ‘Cash for Clunkers’ program?” Yes: 11 No: 1
? Karen Anderson: “No. A benefit analysis suggests very little environmental impact.Low income folks owning the clunkers could be in financial trouble with car payments much greater than the gas savings.”
? Bert Berson: “Sure. It is the best working job stimulus package out there.”
? Chris Bryant: “Yes, it appears to be working and it has the side effect of replacing less efficient cars with smaller more efficient vehicles.”
? David Cohen: “Yes. This program has been an overwhelming success. It helps Main Street, not Wall Street and could be providing the spark that re-ignites the momentum of our economy.”
? Dennis Kennedy: “Absolutely! It’s working by leveraging a minimal amount of government funds to create new activity and sales in the auto showrooms, selling cars, creating jobs, reducing pollution and reliance on foreign oil. I can’t think of another program that does so much with so little.”
? Julian Mancias: “Yes. It seems to be a very popular and environmentally friendly program.”
? Linda McNulty: Yes. Hopefully, this will boost the economy!”
? Henry Miller: “Works for me. This way our kids will pay for our new cars when the debt is retired, someday. And that only seems fair since most of the miles we drive are taking them to and from school, soccer practice, their friends, etc., etc.”
? Lisa Pampuch: “Yes. It’s paying dividends by stimulating the economy and by taking gas guzzlers off the road, thus improving the environment. It’s an innovative, successful program that’s exceeding expectations.”
? John Quick: “Yes. It seems to be effective at getting spending going in this major arena (automotive). This is the kind of ‘trickle down economics’ that works. A stimulus that actually gets people spending in a rational way – unlike tax breaks for the wealthy.”
? Emily Shem-Tov: “Yes, but I wish it set a higher gas mileage standard for the cars that qualify for rebates.”
? Steve Staloch: “Yes. It proves that the words innovation and government are not always oxymoronic.”
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