Of Course Cash for Clunkers Was Going to Work!
You hear it everywhere you turn.
On street corners, at the water cooler, in advertising ... it is everywhere. Get cash now for that worn-out old automobile sitting in your driveway. Even Larry Kudlow, television commentator and a supply-sider if there ever was one, has been extolling the economic healing powers and virtues of the federal government’s Cash for Clunkers program.
I can’t blame anybody. Who can argue against a program that is getting old and possibly dangerous automobiles off the road and putting Americans into more fuel-efficient, safer, new automobiles? Even members of my own family have taken advantage of this program in the last week.
But guess what, folks -- there is a reason why this program seems to be more popular, more successful, and more economically stimulating than almost any other idea that has been put in place by Washington.
Simply put: we have put the American people back in charge of the purse strings. The liberals in Washington who voted for Cash for Clunkers might have proven their own policies of massive, wasteful, earmark-ridden budgets filled with liberal pet projects don’t actually lead down the yellow brick road of economic recovery.
Their “stimulus” hasn’t been stimulating. What works? Allowing the American people to make their own choices with their own tax money.
Sounds like the Republican proposals for a stimulus based on tax cuts, doesn’t it?
Still, there are plenty of reasons why the Cash for Clunkers program is not as good and righteous as some would have you believe.
Cash for Clunkers is using our tax money to help one industry over others. Money from the local plumber shop, hair stylist, or hardware store is being used to help a business down the street. Auto repair shop owners and employees, who make their living fixing old cars, may see a drop in business because the government is using tax money to prop up their parent industry.
The Cash for Clunkers program is just one more step in the liberal effort to bail out the UAW. The UAW spent $1.98 million to help elect Democrats in the last election and spent another $4.87 million in independent expenditures to help Obama become president. What did the United Auto Workers get for all of their campaign spending? Well, they succeeded in placing thousands of their members on the public dole. Despite their involvement in helping bring down their parent companies, the UAW (thanks to the Obama administration) owns part of these companies.
American taxpayers now own a share of auto companies and have been funneling money, including the Cash for Clunkers billions, to keep those companies afloat.