So, the new C.A.R.S. program. I've been thinking about stimulating the Japanese economy by purchasing a vehicle that, you know, works and yet my car does not qualify for Cash for Clunkers.
This set me to wondering about who, precisely, would benefit from this program. Not the environment (at least not in the immediate short term). And not the poor; I figure that I am about as poor as you can get and still reasonably purchase a brand new vehicle. However, I'm not quite poor enough that my car (though 13 years old) qualifies. Someone who makes what I make would have to be pretty unreasonable to keep a car worse than mine. (After all, you have all been recommending that I dump the car for two years.)
I think to qualify you need to make at least 35K and be an enormously cheap bastard.
OR: trade your car with a poorer person and then you both win. They get a 13 year old, but still better, car and you get 4K.
I am thus curious (but far too lazy to research) about whom this bill was intended to assist. Not American auto makers, this is not limited to them. Not the working poor, they can't afford it. And not really the environment. So I guess this is posturing against OPEC?