Really, cash for clunkers? I understand that at the current economic condition, many of us are tightening our belts, and we are hoping something “too good to be true” to come knocking on our door. But this does really seem “too good to be true,” especially since we’re just putting our country into even more debt. With all the crisis around, hunger, war, povery, financial crimes, etc., is our answer to go out and buy a new car?
Now that the government decided to bail more people out, and increase the budget, let’s see if we see if we get the same population of people in mortgage debt to now get into auto debt. Isn’t this the same thing? Helping those who “can’t” afford to, a way to “almost afford to?”