I'm hearing that the "cash for clunkers" program, even though it has just gotten off the ground, is benefiting a lot of auto mechanics at America's dealerships.
The cars being traded in for federal cash are designated for termination. (See "Dealers Race to Get Their Clunkers Crushed") for details on how that is supposed to work). And enterprising mechanics are stripping everything from tires to wheels to seats to hoods and fenders from them before the junkers are sent off to the scrap heap.
Expect eBay to get a real workout from the Democrats' latest brainstorm.
The owner benefits.
The dealer benefits.
The mechanic benefits.
The eBay bidder - and new owner of that deluxe Chevy Caprice front driver's side quarter panel benefits.
Call it the Trickle Down Theory of Economic Prosperity.
Oh, did I forget to account for the taxpayer in the hug fest?
Uh, well, you don't benefit. You get screwed. But try to understand that you're helping the environment. And the fella who owned that piece of shit. And the dealer who took that piece of shit off his hands. And the mechanic ...
1 comments:
Sorry Jerry, but the mechanics definitely do not benefit from this bail out. As an auto repair shop owner, check out my thoughts on my latest posts...
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