Don’t call Cash for Clunkers program a success just yet
In response to Dennis McKee’s shot at Gallegly, I just had to jump in. Not to defend Elton, but to point out that the Cash for Clunkers program sounds like a resounding success, on the surface anyway (“Congressman’s policies a real clunker,” letters, Acorn , Aug. 21).
Liberals tend to look at the moment but forget the consequences. For instance, after everybody has bought their cars and the program is over, what next?
There will predictably be a worse car market than there was before the program. Several years of car buying just went by in an instant. Now what?
And has anybody thought about the used car market? Not only were a great many cars for them to sell destroyed, but many would-be customers are no longer in the market. So, also predictably, their market just went down the tubes. Now how many jobs will this consume, and what happens to the economy then?
To be honest, though, there is a bright side to all this. The junk yards will make out like bandits and maybe they will be hiring. At least for the short term.
His letter also includes the usual Democratic mantra that any time you have a tax break it’s for the rich. Whenever they say they are going to tax the rich I always grab my wallet. I know what’s coming.
It’s funny he talks about tax breaks for those mega corporations that pay no taxes. How do you give tax breaks to those who pay no taxes? Richard V. Inman Simi Valley


