Monday, August 3, 2009

Clunker Law is a lemon

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Good luck figuring out how to navigate your way through the hoops the government has imposed on Americans who hope to benefit from the cash-for-clunkers act. Michelle Singletary explains in the Washington Post. She also acknowledges,

"in truth, this is welfare for the limping auto industry."

Beyond that, two relatives of mine have been laid off by Enterprise Rent-A-Car. They worked in the area responsible for selling cars used in the rental operations to people who want to buy them.

The company decided that they did not want to run the risk of keeping these workers when some of the car purchasing public migrates to buying government-subsidized new cars...

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