No more cash for clunkers!
No, that's not a rallying cry for ye deficit hawks . . . though, perhaps it should be.
Rather, it's a statement of a cold hard fact this Friday morning.
A pogrom . . er program . . designed by The ObamaNation to give from $3,500 to $4,500 in cash toward the purchase of a fuel efficient vehicle has gone broke!!
That's right, the same folks who are estimating the cost of nationalizing health care, can't even project a budget on a cash-for-clunkers program.
They set aside one billion of our tax dollars for this little pet project, expecting that amount to last thru the fiscal year. Instead, the program that started just this week has already run out of money.
Well, it gets worse.
Rather than realizing the error of their ways (and their projections), the posse of idiots who have control over our country's purse strings is clamoring to funnel even more money into the program.
Kinda makes you wonder (God forbid) what they'd do if a big socialized medicine pogrom . . . er program . . . ran out of money, doesn't it?
The very sad bottom line to this story has nothing whatsoever to do with cars. It has to do with the ever increasing evidence that the economic advisors and prognosticators advising our elected officials in Washington are grossly inept. Their numbers have been consistently proven wrong, and cannot be trusted . . . which should make their forays into tinkering with the marketplace all the more alarming.