Tuesday, September 1, 2009

The Last C4C Post

...Well, maybe it is the last, but then again, I could be lying, just like the politicians who gave us "Cash for Clunkers". It appears that a large number of those who traded in "clunkers" were quite well-to-do, the sort that didn't need a government hand-out in order to afford to buy a new car.

Nielsen tracked the online surfing of tens of thousands of survey participants and found that people who earned more than $100,000 were 33 percent more likely than Nielsen's average participants to go to cars.gov, the official clunkers Web site. Nielsen said people above $150,000 were 36 percent more likely to visit the site.-Clunker buyers had some cash

Just another government program sponsored by "liberals" that helped the wealthy and hurt the poor (by removing hundreds of thousands of inexpensive vehicles from the used car market).

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