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Government to End “Cash for Clunkers” Program Due to Lack of Funds

July 31, 2009

This is a mobile post, please excuse any lack of formatting if it occurs. If the link that I provided does not work I will correct it tonight.

When President Obama signed the stimulus bill one of the biggest criticisms of the bill was that there was no money to pay for it.

Included in the stimulus bill was the “cash for clunkers” program that offered federal rebates towards the purchase of new, more efficient automobiles. The “cash for clunkers” program started earlier this week and guess what? There is no money to fund the program so the government may be forced to stop the program. There is no money? No shit! The whole stimulus bill was unfunded, who the hell is surprised that there is no money for this program?

The fact that the government may be forced to cancel the one part of the stimulus plan that seemed to be working has to be considered a major blunder and embarrassment to the president. The shortsightedness of this is astounding and it has to make you wonder, if the government can not properly run or fund a relatively simple and inexpensive program like this how the hell can they be expected to fun and fund healthcare? The government is in the process of making the same shortsighted mistakes on the healthcare bill that it did on the stimulus bill.

That is a something that should scare everybody, screwing up a program designed to sell cars is one thing but screwing up a life or death program like healthcare is another. [End]

5 Comments leave one →
  1. Deb's avatar
    Deb permalink
    July 31, 2009 4:27 pm

    I am for one overjoyed that this happened. I talked to a guy in my work who said that he went to a nissan dealer in Manchester on the second day and they said they already sold 586 cars in two days. At one dealer. No wonder why the program is halted. Why were the cars sent to be crushed so soon? How did they get the “funds” to pay the junkyards to crush the perfectly good cars?

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  2. Terrant's avatar
    August 1, 2009 10:51 am

    I’m going to have to disagree with calling it a blunder. It was stated up front that only a billion was to be allocated to the program. When the money ran out, the program would end. Seems like it worked as designed.

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    • Steve Dennis's avatar
      August 2, 2009 7:24 am

      I don’t think that they expected it to run out so quickly though, hence the additional $2 billion.

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  3. Dominique's avatar
    August 3, 2009 9:56 pm

    I heard on the radio today that it is taking dealers FOUR hours to process ONE car deal! Four hours! And people in this country think they can run the healthcare plan…

    If we don’t not vote these morons out, I will spit! This is insanity times a thousand. There is no logic here, no common sense, no rationale! None.

    If this is change, then I am Humphry Bogart!

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