We have created in America a permanent political class that has powerful incentives to remain in office and grow government. Protected from accountability by gerrymandered districts and financial support from special interests, its members at times actually defy their constituents, as they did on the illegal immigration issue in 2007 and the mortgage bailout bill in 2008. It's time to hold our politicians to account.
Tuesday, August 4, 2009
Klunkers, a staple of the low-cost used car market
"Clunkers” don’t play much of a role in the lives of upper- and middle-income Americans, I suppose, but they play a major role in the auto market for low-income Americans. What the federal government is now doing is using taxpayer dollars to subsidize the large-scale destruction of functional cars that would otherwise exchange hands one or more times in the used car market. This will make it harder for poor folks to purchase cars in the future. It’s an income transfer up the income distribution, at the behest of so-called progressives."
Onestopcaradvice.co.uk An leading used car search engine in UK helps you to find new/used cars including Used Audi, BMW, Fiat, Honda, Mazda, Mercedes, Mini Nissan, Peugeot, Renault, Seat, Skoda, Toyota, Vauxhall, Volkswagen. Get the best deals to buy used cars, new cars through best car dealers in UK.
ReplyDelete