How sad is that? Hope and change is looking more like the cold war.
It's very sad. I had a tire blow out 2 days before payday and had a hard time finding a used tire because they aren't getting them in since the cars got crushed. Supply and demand, less used cars creates a higher dollar value on the ones that are around. The first answerer isn't quite right. My daughter's car just got totalled and she is having a hard time finding something reliable for what they gave her. Living in a small town with nothing around makes it hard to try hard enough
Yeah it's called a crap regulatory system that cant keep up with demand. Destroying a perfectly good car that could be exported or resold seems so ridiculous. They say it's for green purposes welll first off catylytic converters convert 95% of pollutants into carbon dioxide, which is what trees absorb to produce oxygen. So all this really does is stimulate auto manufacturs auto production sales.
He's not looking too hard then. But I agree with the sentiment of your statement, I mean question. Have you seen the videos on youtube of people destroying perfectly good cars so that they can get some money from Cash for Clunkers. Such a waste.
Bravo! Great question! And it brought the clueless out of the woodwork. As has been proved time and again, albeit not taught in the public schools, government cannot spend its way (any more than can citizens) out of a downturn in the economy. I hate to say this, but we won't come back up until we hit rock bottom. And we won't hit rock bottom until 2013. When the economy naturally begins it's climb out of the hole government -both sides of the aisle are to blame- put us in, whoever sits in the white house will take the credit and history will once again be ignored.
Yup! I noticed that as soon as Cash for Clunkers came out, the prices of used cars in the $2,000 to $4,000 price range went up about $2,000 per car. Of course, that makes the prices in the bottom range rise also, due to the supply-tier directly above being reduced by the mass crushing of perfectly good cars and trucks. The bottom price range for good used cars in my area used to be about $800 to $2,000. Not any more.
