Why didn't the government start Cash for Clunkers before GM and Chrysler went bankrupt?

A

A-Dub

New member
Whether it could have prevented them going bankrupt, I don't know. It just seems that it couldn't have hurt to try this first.
 
I think this program is going to fail. The reason it was never done was the government SHOULDN'T bail out private businesses and, further more, there wasn't money for it. It wouldn't have helped them to not go bankrupt...right now the car companies aren't getting paid on time or not at all. That's why the government is scurrying to find more money to fund it.
Businesses are living organisms, they are born, live, spawn, and eventually die. This needs to happen with GM - if they can't swim then they need to drown. Let someone else take their place. It's not like they have kept jobs in America anyway.
 
GM are greedy assf**ks. They took our profits and exported overseas to build 43+ plants in Mexico and 13+ in China. THEY TUK ARE JABS!
 
That program is useless for most people. Not only do you need a very old car, but you need a very old car that gets terrible milage. That limits the eligibility to very old trucks, SUV's and other 8 cyl cars. Old 4 and 6 cyl cars (90% of the old cars) are not eligible.
 
it seems that everything they do isn't planned adequately (or "calibrated") so once they notice that the approval rating is down they try to fix it with a "popular" socialist programs that actually will lead us into a mayor problem.
the welfare addicted society is also getting another addiction; bailout.
 
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