Re: Nice takedown of the Cash for Clunkers program

2010-09-04 Thread Jerry Barnes
"You are letting your ideology blind you to reality." That's funny Larry. I was implying the exact same thing about you. J - No man's life, liberty, or property is safe while the legislature is in session. - Mark Twain The artificial aristocracy is a mischievous ingredient in government, and

Re: Nice takedown of the Cash for Clunkers program

2010-09-04 Thread Larry C. Lyons
I think you need to read the NPR interview. The raw economic numbers only tell part of the story. That's why you look at the people involved. Besides you are talking about two entirely different things. Schools and academic performance are not car sales, and cannot be treated as such. Moreover if

Re: Nice takedown of the Cash for Clunkers program

2010-09-04 Thread Jerry Barnes
"Problem is that the authors are just looking at the raw data, not what people thought." Larry!!! I don't believe that you typed that. When we were posting on vouchers, you were fully behind looking at the raw data that private schools perform no better or only fractionally than public schools.

Re: Nice takedown of the Cash for Clunkers program

2010-09-04 Thread Jerry Barnes
"We still aren't making a profit, but at least we didn't have to close our business." That's at least one good thing that came from it then. Especially the part about keeping other employed. J - No man's life, liberty, or property is safe while the legislature is in session. - Mark Twain Th

Re: Nice takedown of the Cash for Clunkers program

2010-09-04 Thread Jerry Barnes
"Anyway, a retrospective analysis shows that it wasn't a terribly worthwhile program. It seems to have influenced the timing of purchases rather than stimulating new purchases and it took a lot of ok cars off the road that has since resulted in higher prices in the used car market due to lower sup

Re: Nice takedown of the Cash for Clunkers program

2010-09-03 Thread Maureen
I can't speak to the overall efficacy of the program but my family owns 41 car dealerships, and the Cash for Clunkers program saved us, allowing us to keep all of our stores open, and continue the employment of over 2000 people. We still aren't making a profit, but at least we didn't have to clos

Re: Nice takedown of the Cash for Clunkers program

2010-09-03 Thread Larry C. Lyons
Problem is that the authors are just looking at the raw data, not what people thought. NPR had an article about it yesterday: http://www.npr.org/blogs/money/2010/09/02/129608251/cash-for-clunkers To quote: -- Christopher Carroll, a Johns Hopkins economist who until last month was a member of Pre

Nice takedown of the Cash for Clunkers program

2010-09-03 Thread Judah McAuley
I was dubious about the Cash For Clunkers program when it was announced. I understand the desire to get really old, trashy, polluting cars off the road and help get auto sales going but the logic wasn't quite there to me. If you had the money to spend on a new car (even with subsidies) would you h