Clunkers' Effect on Pollution? A Blip

UtahBill said:

per the news, some scrap dealers say they won't accept them, certainly won't PAY for them.....

but junk yard owners aren't all that smart either. the corporate owned, idiot managed ones put perfectly good collectibles out in the yard to be torn apart.

SOME yards have a section where those older collectibles are sold as whole cars, but many don't. I tried to get one yard to sell me the 2 early 70's Plymount Dusters they had just got in, both with fine bodies, small v8 engines, auto trans. I would have paid $4000 for the pair, but the gal running the place said company policy is to not sell whole cars...she wouldn't even call corporate and ask for me...

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Do you think that might have something to do with titles and VIN's and registrations, or whatever other DMV crap that goes along with a junk yard acquiring motor vehicles? I'm asking; I dunno.

apdst said:

Do you think that might have something to do with titles and VIN's and registrations, or whatever other DMV crap that goes along with a junk yard acquiring motor vehicles? I'm asking; I dunno.

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Junk yards don't typically have dealer's licenses.

Jerry said:

Junk yards don't typically have dealer's licenses.

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that is probably it.....since one yard does sell whole cars, and another right next door does not...

I've got a simple question for those who believe this program is helping reduce greenhouse gases:

a. Clash for clunkers not only puts greener cars on the road, but it also 'stimulates' the economy. That is, after all, one of the supposed benefits of this program, simulation of the sagging auto industry and the overall economy.

b. A 'stimulated' economy means economic growth, i.e. more workers producing more goods resulting in increasing domestic product and consumer spending.

c. Increased consumer activity leads to more people driving around in their new green cars buying ever more products produced by energy.

Question: Is the increase in greenhouse gas a net minus or a net plus?


(Please show the equations and calculations used to arrive at the answer.)

:2wave:

sam_w said:

U.S. ‘Clunkers’ Add 0.5 Percentage Point to GDP: Chart of Day
Bloomberg News


Suck it

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Let me get this straight - this is your evidence for the claim that the program will increase GDP by .5%?

“Cash for clunkers came at a very, very good time to jump-start the economy,” Mike DiGiovanni, sales analyst at Detroit-based General Motors Co., said at a teleconference. The so-called Car Allowance Rebate System, which provides credits of as much as $4,500 for the purchase of a new car when an older vehicle to be scrapped is handed over, ran through most of its initial $1 billion of funding within a week.

“If the cash-for-clunkers program is extended by the additional $2 billion that passes the Senate, it could boost third-quarter GDP by 0.5 percentage points,” DiGiovanni said.

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1) Hilarious how those on the left excoriate the right for being too close to corporations, but are now apparently basing their policy decisions on the economic predictions of some "sales analyst" at GM.

2) Is this guy retarded? If the government could increase the GDP by 0.5% simply by investing $2B, that would be the greatest investment in the history of the world.

Jerry said:

Junk yards don't typically have dealer's licenses.

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Right, so therefore they can't perform the neccessary leagal transfers of title and all that kinda crap. Plus, if a car is in a junk yard, there's a high probability that it doesn't even have a legal title.

RightinNYC said:

Let me get this straight - this is your evidence for the claim that the program will increase GDP by .5%?

1) Hilarious how those on the left excoriate the right for being too close to corporations, but are now apparently basing their policy decisions on the economic predictions of some "sales analyst" at GM.

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It's not "corporate welfare" when it makes the Dems look good. Or at least not the "evil" kind.

2) Is this guy retarded? If the government could increase the GDP by 0.5% simply by investing $2B, that would be the greatest investment in the history of the world.

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Yeah. Kinda makes you wonder what that $787 bn was needed for. :roll: Even if the GDP fell by 7% (which, per annum, it didn't) and we wanted to raise it to +3%, that's only $40 bn, by this reasoning.