Posted on 08/09/2009 11:09:22 AM PDT by Federalist Patriot
Here is video from Meet the Press today where a panel discussed the latest unemployment numbers and talked about where does the economy go AFTER the temporary stimulus of "Cash for Clunkers" and the $787 Billion Stimulus are spent? The Obama administration has no answer for that. The closest they come is to say that the economy will move forward with "green" jobs from new energy. However, there is no "Cap and Trade" Bill that has been passed as of yet.
This discussion gets at a key question. How does Obama think this economy will move forward on its own after the artificial stimulus is past? . . . . . (Watch Video)
(Excerpt) Read more at freedomslighthouse.com ...
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The CARS program is limited to 2009 models, inventory from Dealers run out of business by the government.
That said, yes, purchases pulled forward will drive lower future sales.
What’s next-”We” will need to pay back the Chinese
We can solve the housing crisis next with Cash for Casas.
People could sell the houses on which they are in default to the government for cash. The government can then raze the house and plant trees on the land to help the environment. The people can then use the cash to take out a bigger mortgage and move into a bigger house. This will also help the real estate brokers.
Presto, the housing problem would be solved.
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