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Obama depriving the poor from buy a used Cadillac Escalades, Chevy Suburban or a BMW X5s, what's next? Keeping the poor from buying steak with food stamps? Oh, right that's the other thread. My bad.
Actually, destroying perfectly good cars increases the cost for all of them, and hurts the poor the most. But Keynesianism is best known for making the poor suffer as much as possible in the long run.
It was an unmitigated disaster for this country's middle class, which is what you'd expect from a Democrat in the White House who tried to 'fix a problem that didn't exist'.
To take several hundred thousand perfectly satisfactory automobiles off the road for no remotely intelligent reason other than to encourage consumers to go deeper into debt is exceptionally asinine.
That preposterous decision by our Micromanager-In-Chief caused the price of millions of used cars to rise for no reason whatsoever, which is what we all learned in Economics 101; when you restrict the supply of something, the price of that product is bound to rise.
For a guy who (allegedly) attended Harvard, he's very ignorant regarding the correlation between supply and price.
But then he's a Democrat, so that explains everything.
Obama depriving the poor from buy a used Cadillac Escalades, Chevy Suburban or a BMW X5s, what's next? Keeping the poor from buying steak with food stamps? Oh, right that's the other thread. My bad.
Deliberately Missing the Point symptom #8359.
The CFC tide raised all boats, so to speak. Even the prices on the more pedestrian used cars.
I know. I made out like a Capitalist Pig bandit when I sold a couple of my privately owned used cars. Oink.
A quick look at Craigslist for the Raleigh/Durham area shows 2006 Honda Odysseys going for anywhere from $12K to $18K, and 2006 Toyota Sienna's for $13K to $19K.
Funny, that's not the $20K to $30K range you claimed.
So what was your point again?
Oh, yeah...a swipe at Obama.
Those lower priced ones are very high mileage, you probably didn't notice that. A similar vehicle in similar condition to what we bought in 2005 is close to 20,000. We talked to someone about an 18,500 van which we could not pay for.
Do people still burn down houses in Detroit every Halloween?
The program gave a needed boost to the auto industry and pretty much saved it from total destruction. Because it worked you blame Obama as though it is a bad thing.
Many gas guzzling cars were eliminated. this will reduce the dependence on foreign oil. With the tax credits for the hybrids and electrics there has been a decrease in fuel demand. This is a great thing.
Sing the blues all you want but the program worked and many jobs were kept or created in the process. had he let the auto industry fail you would be whinning about how he didn't act and save 10 million jobs.
We get it. He's black and you hate him and nothing he does will be good enough for you. Guess you can get a free ride on the bus and have an improving economy, more jobs, and many other benefits.
The program gave a needed boost to the auto industry and pretty much saved it from total destruction. Because it worked you blame Obama as though it is a bad thing.
Many gas guzzling cars were eliminated. this will reduce the dependence on foreign oil. With the tax credits for the hybrids and electrics there has been a decrease in fuel demand. This is a great thing.
Sing the blues all you want but the program worked and many jobs were kept or created in the process. had he let the auto industry fail you would be whinning about how he didn't act and save 10 million jobs.
We get it. He's black and you hate him and nothing he does will be good enough for you. Guess you can get a free ride on the bus and have an improving economy, more jobs, and many other benefits.
Wow are you serious? All my respect for you has just vanished.
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