Ron Paul: Cash for Clunkers 8/10/09

[JohnGaltSpeaking1981]

keep up the posts minnesotachris!!

[jebril]

It's a good idea on paper....but I mean even on paper you can see the negative consequences of this program.

Ron Paul's bill is a lot, LOT better...

[isfahelww]

thanks for puting these up minnesota

[lovecloud2]

Smart plan, Ron. Hope it goes through.

[kkinder94]

It amazes me that people, meaning Congressional representatives, don't understand the very basic tenets of economics. Anyone with a low level understanding would see how this program would produce unintended consequences for the economy. As Ron Paul states, this artificially inflated demand temporarily, but this demand will stop and cause hardship for automakers in the future. Unless the cash for clunkers becomes a permanent fixture, just like deductible mortgage interest did for homes.

[Scoforever]

Cash for blunders. Hand in the cash for clunkers plan and receive £3000