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10-29-2009, 07:42 AM | #1 | |
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Cash For Clunkers Final Report Card
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10-29-2009, 08:35 AM | #2 |
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i really wish they would explain beyond just the SAAR table they provided to show us how they got to the 125k number. it seems more like 167k to me.
SAAR difference / 12 = impact of cash for clunkers. |
10-29-2009, 08:49 PM | #3 |
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Thats BS math if i've ever seen it...
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10-29-2009, 09:45 PM | #4 |
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It's not just fuzzy math, it's fuzzy logic too.
I'd really love to see the actual questions they asked. Nobody would argue that 'not buying' is never blamed on the program. But there are many reasons people bought cars. Also, just buying or not buying isn't the only purpose here. If there was momentum created, or even just making people buy early could save jobs, prevent plants from idling, etc. People said they would have bought one anyway. "Okay, when?" should be the next question, because an answer of "Probably soon" should disqualify them. If you only count the people who said I wouldn't have bought without the incentive, you completely bias the survey because you've thrown out all the 'yes. soon...i think...oh, in the next few months...maybe...' people. Since cars aren't an impulse decision and we're money-strapped as a Country, it's inevitable that most people who bought were already in the probably category. But that doesn't mean they wouldn't give credit to the program. Maybe they would have been turned down for financing on a higher amount. Maybe they would have gotten to the dealership and gotten sticker shock. This article is a non-statement. 30% off my favorite hamburger joint would probably make me go out for dinner instead of cook like i planned. Realizing a coupon had expired would make me turn around and go home. I don't shop for cars like that. Where's the surprise in that? |
10-30-2009, 05:05 AM | #5 |
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Any economist worth his salt will tell you that selling 565,000 cars in the summer is much different that selling those same half-million cars over the course of the following year (or whatever timeline you want to project). The 125,000 'extra' sales is really only part of the story.
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10-30-2009, 12:51 PM | #6 | |
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White House, Edmunds in war of words over 'clunkers
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10-30-2009, 01:18 PM | #7 |
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Based on this costing the average taxpayer $3 billion to give $2billion for a clunkers what do you think Govt health care will cost?
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04-07-2010, 10:45 AM | #8 | |
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So did it work?
http://www.whitehouse.gov/blog/2010/...-work-intended Quote:
CN: Yes, it worked. |
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04-07-2010, 11:29 AM | #9 |
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of course the whitehouse is going to say it worked lol
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04-07-2010, 01:27 PM | #10 |
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Wait till you see how much you will pay for free health care insurance.
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04-07-2010, 04:40 PM | #11 |
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From the graph, it does look like it worked really well.
The real question is did it have any long term positive effect on the economy. There was no doubt that the initiative did lift the auto industry during the dark ages of 2009. But was the bang for the buck good enough, or would we have been just fine by doing nothing. |
04-07-2010, 05:57 PM | #12 | |
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04-07-2010, 06:15 PM | #13 | |
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I WANT MY FREEDOM. Damn socialist commies have won the war after all. |
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04-07-2010, 06:23 PM | #14 |
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I'm surprised that the whitehouse would actually take the time to try and rebut Edmunds.
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04-07-2010, 10:58 PM | #15 | |
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04-07-2010, 11:03 PM | #16 | ||
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04-07-2010, 11:20 PM | #17 |
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I heard Obama's next plan will be called "Cash for Geezers", where he pays old people to voluntarily kill themselves as not to be a burden to the Medicare and Social Security system.
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04-07-2010, 11:42 PM | #18 |
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04-07-2010, 11:50 PM | #19 |
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lol @ eyefly and industrial. Fish on the line!
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04-07-2010, 11:55 PM | #20 | |
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04-08-2010, 02:30 AM | #21 |
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04-08-2010, 11:00 AM | #22 |
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I don't want to eat your goddamn hippy organtic cafe food. Give me a goddamn good old american burger, with american cheese, wrapped in applewood bacon, covered in chocolate, dipped in bourbon batter, deep fried in lard and brushed with BBQ sauce.
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04-08-2010, 11:11 AM | #23 |
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"Cash for Geezers" ...... OMG i'm freakin dying here!
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04-08-2010, 01:20 PM | #24 |
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You forgot to roll it in Wonder Bread crumbs and drizzle Velveeta over the top.
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04-08-2010, 01:48 PM | #25 |
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and a diet coke
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