Cash for Clunkers
So let met get this straight: The federal government owns a piece of the auto industry and now they are distributing money to people to buy cars. So the govt. is both the company and the consumer? How does this make any sense at all from the standpoint of fiscal responsibility?
I say, if a car company fails, let it fail. How does it make any sense to keep pumping money into unviable businesses. If my business fails, is the government going both invest in me and give money to people so they can buy my products? Of course not!
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