Comments on: Why Cash For (fill in the blank) Does Nothing For Our Economy http://20smoney.com/2009/09/14/why-cash-for-does-nothing-for-our-economy/?utm_source=rss&utm_medium=rss&utm_campaign=why-cash-for-does-nothing-for-our-economy Aggressive Yet Responsible Wealth Building For 20-Somethings Wed, 23 May 2012 14:13:08 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: jeffgerstmann: Added energy back into flavored malt beverages via a bottle of concentrated energy drink and Four Loko. Early results are encouraging. « ucetugimi http://20smoney.com/2009/09/14/why-cash-for-does-nothing-for-our-economy/comment-page-1/#comment-14577 jeffgerstmann: Added energy back into flavored malt beverages via a bottle of concentrated energy drink and Four Loko. Early results are encouraging. « ucetugimi Mon, 26 Dec 2011 07:47:24 +0000 http://20smoney.com/?p=575#comment-14577 [...] chris carpenter the brothers grimm the brothers grimm penn state football weather boston grimm fairy tales grimm fairy tales Share this:TwitterFacebookLike this:LikeBe the first to like this post. Categories Uncategorized [...] [...] chris carpenter the brothers grimm the brothers grimm penn state football weather boston grimm fairy tales grimm fairy tales Share this:TwitterFacebookLike this:LikeBe the first to like this post. Categories Uncategorized [...]

]]> By: Kevin http://20smoney.com/2009/09/14/why-cash-for-does-nothing-for-our-economy/comment-page-1/#comment-2385 Kevin Mon, 14 Sep 2009 22:54:51 +0000 http://20smoney.com/?p=575#comment-2385 Royce: It will always be short-term initiatives with our current system. As long as it coincides with the next re-election cycle. Sadly, our leaders focus on re-election and that's it. Is there a value in getting more efficient cars on the road? Yes, there is, but our gov't can't afford such a program. We can't afford anything. if we had surpluses, then maybe it'd make sense. Thanks for the comment Royce:

It will always be short-term initiatives with our current system. As long as it coincides with the next re-election cycle. Sadly, our leaders focus on re-election and that’s it.

Is there a value in getting more efficient cars on the road? Yes, there is, but our gov’t can’t afford such a program. We can’t afford anything. if we had surpluses, then maybe it’d make sense.

Thanks for the comment

]]> By: Royce http://20smoney.com/2009/09/14/why-cash-for-does-nothing-for-our-economy/comment-page-1/#comment-2383 Royce Mon, 14 Sep 2009 21:46:37 +0000 http://20smoney.com/?p=575#comment-2383 I really enjoyed this column. A Business Week article from just after the program ended also made a similar point: http://www.businessweek.com/autos/autobeat/archives/2009/08/cash_for_clunke_12.html The BW article quoted an expert who suggested as many as 70% of the sales were simply "moved up" purchases which would've happened later in the year, as you suggest. If I can ask you to speculate - do you think there was any value in the gov't trying to get more efficient cars on the road? I also see a parallel between this and your other posts about sustained high unemployment and a delayed recovery... do you think there will be continued short-term initiatives, or do you expect politicians and citizens to start taking the long view? I really enjoyed this column. A Business Week article from just after the program ended also made a similar point:

http://www.businessweek.com/autos/autobeat/archives/2009/08/cash_for_clunke_12.html

The BW article quoted an expert who suggested as many as 70% of the sales were simply “moved up” purchases which would’ve happened later in the year, as you suggest.

If I can ask you to speculate – do you think there was any value in the gov’t trying to get more efficient cars on the road? I also see a parallel between this and your other posts about sustained high unemployment and a delayed recovery… do you think there will be continued short-term initiatives, or do you expect politicians and citizens to start taking the long view?

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