Cash for Clunkers Program;
It’s not a bad idea trying to stimulate the auto industry by offering rebates to dealers for older gas guzzling cars. In turn the dealership moves cars which stimulate the factories to produce more cars. This will help AMERICAN Auto workers to their keep jobs. But, this incentive package is for all car manufacturers foreign and domestic. So, we are sending US tax dollars to Japan, Korean and China.
Out of the 1st billion dollars; 70% percent of the money for the Cash for Clunkers problem will go to foreign car companies. Could someone help me understand why the Cash for Clunkers Program wasn’t limited to American Auto Companies? This is our money why would we stimulate the growth for foreign Auto Makers? Isn’t it the foreign auto makers that have been slowly crushing American Auto Makers for the last twenty years?
Think About it.
CASH FOR CLUNKERS
Posted by
John
Sunday, August 2, 2009
2 comments:
I was under the impression a lot of American cars are being manufactured overseas now...and a lot of foreign cars are being made in the States. So it would have needed to specify that the money go solely toward cars that were manufactured in the U.S. I know the Nissan plant is here. Not sure which others...
Your right many cars are made here. As far as American Cars being manufactured overseas, not exactly true. Some parts are manufactured but the cars are assembled here.
Point is we should not be using tax payer money to benefit foreign companies.
I have a brother in law and three nephews that are out of work because of plant closures and layoffs.
We need to get back into buying American and supporting American businesses.
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