Person Man
Angry_Weasel
Atlas Superstar
Posts: 36,667
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« on: August 08, 2009, 03:24:15 PM » |
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Personally, I think its a good way to flatten the current downtrend and to get a longer period of economic expansion. Sure, it hurts future sales, but people will have about $20 in their pocket. They can use it to eat out or pay off other bills....and if the car payments cancel out any savings, at least the automotive manufacturers will be given an incentive to have better cars in the future and will actually be able to make them. ...and we do need the clunker parts. Hopefully, this will draw down mechanic's costs and encourage more people to get their cars fixed.
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