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Tuesday, August 4, 2009
Boomer with Attitude / News New hope for 'Cash for Clunkers'
Posted By John Grooms on Tue, Aug 4, 2009 at 2:39 PM
By every indication, the Obama administration’s “Cash for Clunkers” program has been a roaring success: around a quarter-million cars have been sold with the rebate money, and all of the sold cars give better gas mileage than the traded-in clunkers. The economy is slightly improved, the environment is slightly better, and all is well. The program has been so successful — last week, cars were rolling off dealers’ lots at nearly the same rate they had before the Great Recession started — it’s already out of money. In fact, and this is classic Washington, D.C. nonsense, the program is so successful, it may be discontinued.
You see, Congress is going on vacation. The House passed a $2 billion extension of the program before heading home, and if the Senate doesn’t pass the same thing before they check out at the end of the week, “Cash for Clunkers” will be history. Luckily, things are looking better in the Senate than was believed yesterday, as two key senators — Diane Feinstein, D-Calif., and Susan Collins, R-Maine — have now come out in support of it. That doesn’t guarantee passage, but it’s a good sign that public support has built to the point that lawmakers are feeling the need to — gasp! — give citizens what they want. Conservatives, needless to say, are against such socialistic economic stimulus and are mightily huffing and puffing, hoping someone other than their usual followers might notice.
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