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Originally Posted by Danzig
the car companies should have offered the incentive-they could have afforded to do that with their bailout money. now, the govt bails them out, and then offers a rebate on top of it. twice the help at twice the price.
but you're right, anything that takes $ away from those who want to commit acts of terror is a good thing.
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Well, even if it's done this way, it's still brilliant. Take a 15 mpg car off the road, and replace it with a 25 mpg car. Use 30,000 miles/year, and say $3.50 a gallon for gas. See what happens in 4 years of use. That's over $10k that will be available to be put back into the economy. Even if it's only the clunker discount amount that is returned into the economy, it's still 5k being kept away from terrorist-supporting Muslims. It's a no-brainer. Muhammad is up there in a full-diaper rage. How dare you cut down on the money the non-believers have to give his loyal followers. It's an outrage.
30,000miles/ 25mpg =[1200gallons] x $3.50/gallon=[$4200/year] x 4years =$16.8k
30,000/15 = [2000] x $3.50=$7000 x 4= $28k