Saturday, December 5, 2009

Next Up For Obama: Cash For Appliances

From the editorial of the LVRJ, the Obama administration is next going to give away money for appliances- Cash for appliances. Get ready, U.S. tax payers, another boondoogle.
The LVRJ deconstructs the Obama administration arguments: http://www.lvrj.com/opinion/cash-for--whatever-78503107.html

From the LVRJ: Now this perverse incentive is poised to manipulate appliance purchases -- just in time for the holidays. Anyone who might have been inclined to replace his dishwasher or remodel his kitchen this month or next will wait until he can get a check from the government to help cover the bill.
The cash for clunkers was well meant but it didn't do what it wanted. It basically let people who were going to by a car anyways, allowed the government to let them buy it cheaper. Same thing with cash for appliances. U.S. taxpayers are going to help people buy appliances they were going to buy anyways.
So, we will employ a bunch of bureaucrats to run the program that will benefit a few people and it will spend millions of dollars to do what?
Thank you President Obama for screwing us even more.

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