Is the "Cash For Clunkers Program" really helping out the economy?

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nmg077 | 2 years, 9 months ago

Im not really sure. In my opinnion i dont think that it is. Im 20 and have a car thats older..im looking for a new one, but cant find anything cheap enough. I was talking to one of my friends about the cash for clunkers program and they say they give you up to something like $4,500. But they do have some catches..since it could be up to $4,500..that means you can get way below that too. If i were to trade my car in id get around $2,500 for it anyways, so what would be the point to going through all of that? I find that even getting the cash, for the normal middle class person the cars are too expensive. Most people that have a "clunker" have it because they arent able to buy a new car.

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kareul | 2 years, 9 months ago

Yes it has...It already put $600 million in the economy and it is less than a month old.

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bobbyrithmiller | 2 years, 9 months ago Report

No Kareul, we the taxpayers have put 600 million in the economy. Who do you think is paying for this.

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