8/24/09

Cash for Clunkers Headed for the Junkyard


If you haven’t traded in your gas-guzzling SUV for one of those motorized roller skates under Obama’s Cash for Clunkers program, you have a little more than 3 hours left to do so. As of 8:00 tonight, the program will go bankrupt after just a few short months.

Cash for Clunkers went bankrupt in one summer. And Obama expects us to believe he can implement a health care system that will cover every human being in the country, womb to tomb, cost a heck of a lot more than Cash for Clunkers, and it won’t run out of money?

I don’t know which is worse—that Obama believes it or he thinks we’re dumb enough to believe it.

2 comments:

  1. I fail to see the analogy between a program designed to be a quick boost for the economy and a overhaul of a dying sector of our economy.

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  2. Whether a "quick boost" or not, Cash for Clunkers ran out of money. Why should healthcare not also run out of money? It would be much bigger and much more expensive.

    If you're still not convinced, you may want to look at social security, which may start losing money as soon as next year: http://thetrumpet.com/?q=6106.4502.0.0

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