"The Obama administration will bring to an end the popular $3 billion ``cash for clunkers'' program Monday, giving car shoppers a few more days to take advantage of big government incentives. The Transportation Department said Thursday that the government will wind down the program on Monday at 8 p.m. Car buyers can receive rebates of $3,500 or $4,500 for trading in older vehicles for new, more fuel-efficient models. ``The program has been a huge success,'' said Marc Cannon, senior vice president of communications for AutoNation. ``Nobody is surprised. It's actually the first part of the stimulus that's worked or shown any results.''
http://www.miamiherald.com/news/nation/story/1195671.html
"The first part of the stimulus that's worked or shown any results"?
Rather than brag about it, you would think the administration would be embarrassed by that "compliment".
1 comment:
Do you really think that this program worked? If you do you know little about selling cars. If you think someone got a deal it is nothing compared to the deal the auto sales people and the dealers profit at the taxpayer expense.
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