Government screws up another program: coming soon health care!
July 31, 2009 Leave a Comment
Government Suspends Popular ‘Clunkers’ Program:
“Cash for Clunkers” came to a screeching halt Thursday, after only six days on the road.
In a shocker, the government announced it would suspend the program at midnight because demand was too great.
It may have been the best $1 billion the government has spent so far this year.
Business was humming at Crestmont Toyota/Volkswagen Thursday night as salespeople rushed back to work on news that the government’s “Cash for Clunkers” program was being suspended.
It’s the deal where you get up to $4,500 for your older low mileage beast if you buy a new car with more efficient fuel consumption.
On Thursday night we learned the program was only good until midnight, all because of a backlog of red tape. So the salespeople were trying to get their deals through the government’s Web site.
For the economy it’s good news, but the government’s miscalculation has some a little nervous.
“These are just the deals we have to submit tonight,” Crestmont president Bill Strauss said while holding a stack of papers. He said the dealership has over $100,000 on the table.“If they can’t administer a program like this, I’d be a little concerned about my health insurance,” car salesman Rob Bojaryn said.
The “Clunkers” program was being administered by the National Highway Safety Administration, which has seemed overwhelmed from the get-go. Some in Congress are expected to push for expansion of the $1 billion budget on Friday.
Michael Ramirez
