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But hey lets just forget about it like all the swooners have done and just move FOREWARD to the next "green" lie.......
E Magazine states recycling just the plastic and metal alone from the CARS scraps would have saved 24 million barrels of oil. While some of the “Clunkers” were truly old, many of the almost 700,000 cars were still in perfectly good condition. In fact, many that qualified for the program were relatively “young,” with fuel efficiencies that rivaled newer cars.
And though the point was to get less fuel efficient cars off the roads, with only 690,000 traded in, and over 250 million registered in the U.S., the difference in pollutant levels seems pretty negligible.
But all that vehicular destruction did more than create unnecessary waste for the environment. It also had some far-reaching economic effects.
According to a recent TriCities op-ed from Mike Smith of Ralph Smith Motors in Virginia, CARS created a dearth of used cars, artificially driving up prices. For those who needed an affordable car, but didn’t qualify for the program, this increase in price meant affordable transportation was well out of reach. It also meant used-car dealers, most of whom are independently owned, small-business owners, had little to no stock. According to Smith, 122 Virginia dealers chose not to renew their licenses after that year.
Yes, and instead of getting a newer car with better gas mileage used...I ended up keeping my 1993 Dodge Grand Caravan. Maybe I would have been able to find something affordable if they would've scrapped the program and not the cars, or at least let those of us with true "clunkers" trade up for one of the ones that had been traded.
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"everybody getting reported now.."
(set 24 days ago)
Location: Pine Grove,AL
29,560 posts, read 16,548,014 times
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Quote:
Originally Posted by KUchief25
But hey lets just forget about it like all the swooners have done and just move FOREWARD to the next "green" lie.......
E Magazine states recycling just the plastic and metal alone from the CARS scraps would have saved 24 million barrels of oil. While some of the “Clunkers” were truly old, many of the almost 700,000 cars were still in perfectly good condition. In fact, many that qualified for the program were relatively “young,” with fuel efficiencies that rivaled newer cars.
And though the point was to get less fuel efficient cars off the roads, with only 690,000 traded in, and over 250 million registered in the U.S., the difference in pollutant levels seems pretty negligible.
But all that vehicular destruction did more than create unnecessary waste for the environment. It also had some far-reaching economic effects.
According to a recent TriCities op-ed from Mike Smith of Ralph Smith Motors in Virginia, CARS created a dearth of used cars, artificially driving up prices. For those who needed an affordable car, but didn’t qualify for the program, this increase in price meant affordable transportation was well out of reach. It also meant used-car dealers, most of whom are independently owned, small-business owners, had little to no stock. According to Smith, 122 Virginia dealers chose not to renew their licenses after that year.
causation and correlation are 2 different things. that pretty much sums up the flaw in your argument. nothing you typed actually says one things caused the other, it just said they occurred one after the other or during the same time.
Yep. Took almost 700,000 used cars out of operation. This caused existing used cars to become more valuable. So, people in the market for a used car had to pay more. And rich people don't buy used cars. Cash for Clunkers was essentially a tax for poor people in the market for a decent used car.
Since they crushed the cars that were traded in it took millions and millions of future used parts off the market also. Go to the junkyard to get a part? Gonna have to pay a lot more because Cash for Clunkers increased prices. Again, hurting poorer people.
Just like every other time the feds interfere in the free market. The poor get screwed.
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