Comments on: Cash for Clunkers: Fail http://www.investmentu.com/2009/December/cash-for-clunkers-fail.html Investment Advice and Investment Research with a Contrarian Point of View Thu, 09 Feb 2012 16:06:49 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Jay http://www.investmentu.com/2009/December/cash-for-clunkers-fail.html#comment-31228 Jay Wed, 09 Dec 2009 15:54:23 +0000 http://www.investmentu.com/IUEL/2009/December/cash-for-clunkers-fail.html#comment-31228 SOME purchases came from people who’d have replaced their cars in the coming months anyway (How many?) SOME sectors and industries aren’t seeing as much profit now because consumers used what money they had to purchase new cars (Which ones? How much has their profit diminished?) And while it would benefit home improvement retailers like Lowe’s ... would it be successful in creating jobs and stimulating the economy in whole? Not likely. (Why?) Give us some facts. Give us some numbers to back up what you are saying. This is pretty weak analysis. SOME purchases came from people who’d have replaced their cars in the coming months anyway (How many?)

SOME sectors and industries aren’t seeing as much profit now because consumers used what money they had to purchase new cars (Which ones? How much has their profit diminished?)

And while it would benefit home improvement retailers like Lowe’s … would it be successful in creating jobs and stimulating the economy in whole? Not likely. (Why?)

Give us some facts. Give us some numbers to back up what you are saying. This is pretty weak analysis.

]]> By: Cars4Charities http://www.investmentu.com/2009/December/cash-for-clunkers-fail.html#comment-31177 Cars4Charities Tue, 08 Dec 2009 23:53:39 +0000 http://www.investmentu.com/IUEL/2009/December/cash-for-clunkers-fail.html#comment-31177 Cash for Clunkers did not help the car industry or the economy. It did hurt car repair shops and car donations. Cash for Clunkers did not help the car industry or the economy. It did hurt car repair shops and car donations.

]]> By: Twitted by TWEET_NEW_CARS http://www.investmentu.com/2009/December/cash-for-clunkers-fail.html#comment-31115 Twitted by TWEET_NEW_CARS Tue, 08 Dec 2009 02:38:14 +0000 http://www.investmentu.com/IUEL/2009/December/cash-for-clunkers-fail.html#comment-31115 [...] This post was Twitted by TWEET_NEW_CARS [...] [...] This post was Twitted by TWEET_NEW_CARS [...]

]]> By: Mike http://www.investmentu.com/2009/December/cash-for-clunkers-fail.html#comment-31105 Mike Mon, 07 Dec 2009 21:54:18 +0000 http://www.investmentu.com/IUEL/2009/December/cash-for-clunkers-fail.html#comment-31105 I've always had a problem with Cash4Clunkers. To me it seems to go against simple supply and demand economics. How can we push all of these new cars into a market already saturated with used and repossessed vehicles (see www.repofinder.com)? Now new cars are worth even less, we have more Americans in debt, and eventually more repossessions. I’ve always had a problem with Cash4Clunkers. To me it seems to go against simple supply and demand economics. How can we push all of these new cars into a market already saturated with used and repossessed vehicles (see http://www.repofinder.com)? Now new cars are worth even less, we have more Americans in debt, and eventually more repossessions.

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