Matthew 10:34Think not that I am come to send peace on earth: I came not to send peace, but a sword.
Rev, that is an unintended consequence. I wonder if this new program automatically scraps them, or tries to sell them first, and then scrap them. It would make much more sense to attempt to up their marginal return.
It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
"Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911
Caught this a bit ago and thought it might be worth mentioning.
7. The economic incentive of the bill is to jump-start drowsy auto sales. According to Bloomberg, similar programs worldwide have raised auto sales 25 percent to 40 percent in Germany, 15 percent in China and 8 percent in France.