Monday, October 5, 2009

What I think of Cash for Clunkers...

1. Do you agree with the Cash for Clunkers bill to get people to drive with fuel efficient vehicles? Why or Why not? No I do not agree with the "Cash for Clunkers" program. Though there is much less gasoline consumed... overall, other resources are utilized in the manufacture, maintenance, and disposal of these newer vehicles (Think Lithium). Also, electric cars consume fossil fuels at night while they're plugged in to recharge. This combination of factors reduces the gain in my mind.

2. How effective has the program been on economic stimulus?

This is the sad part. I think all the gains are temporary at best and certainly artificial. They are not sustainable and do not fix some of ... Read Morethe core problems in our economy. Rather than a "dot com bubble" or "real estate bubble," we create a "stimulus bubble." When it pops, where do we go from there?

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