Truth Detector said:
My argument is nothing but factual; $1.6 trillion deficit and over 6,000,000 jobs lost. Obama's program based on the last 180 days has been an abject failure and we continue to shed hundreds of thousands of jobs every month.
Truth Detector said:
FACTS:
Deficit is estimated to be $1.6 trillion this year and over $11 trillion in the next decade.
Jobs shed since December 2008: 4.5 Million
Unemployment rate in December 2008: 7.1%
Unemployment rate July 2009: 9.7%
Notice: Data not available: U.S. Bureau of Labor Statistics
GDP: Down 6.4%
News Release: Gross Domestic Product
I am sorry; I don't see how anyone can argue that Cash for Clunkers has done ANYTHING to make this dire economic situation better.
Your entire premise; that cash for clunkers has done nothing to make the economic situation better and therefore the program has failed, is based on a non-Sequitur.
It affirms the consequent.
If the economy has gotten worse, then cash for clunkers has failed.
Cash for clunkers has failed.
Therefore the economy has gotten worse.
You can prove that the economy has gotten worse, but it would still be fallacious to think this has been caused by a failure of the cash for clunkers program. Many other factors could cause the economy to worsen other than the cash for clunkers program failing, such as overproduction, underproduction, financial crisis, etc.
It is also based on division. The economy is in decline; therefore cash for clunkers related industry is declining. You could fix this fallacy by actually posting some information about the auto industry, which is much more related to cash for clunkers, instead of the entire economy. Until you do however, you have proven nothing about any failures of cash for clunkers. All your facts have proven to me are failures of the economy as a whole.
Truth Detector said:
As a matter of fact, I am at a loss how anyone can think this will do anything when this program amounts to taking money from one group and giving it to another group (still unidentified so we are printing/borrowing to pay for it)
This is an un-supported conclusion. Yes, you have identified the program does take government money and grant it to car dealerships. Why does this mean the program will do nothing for the economy?
Truth Detector said:
I don't know how anyone can argue that “cash for clunkers” allowed us to lose "fewer" jobs or that it is a good thing when the number of jobs lost every single month is in the hundreds of thousands. I find that argument stunning.
You have committed the same fallacy; division, and affirming the consequent. Your argument so far is stunning.
Truth Detector said:
What do you think happens now that the program has ended? Do you honestly think that consumers will continue buying cars? REALLY?
From this statement: “Do you honestly think that consumers will continue buying cars?” I’m guessing you are saying cash for clunkers has allowed people to buy cars, hence the word “continue” in your question. It is hard telling since you are arguing by question though.
If this is the case you are committing a fallacy here:
If cash for clunkers is running, then people will buy cars.
Cash for clunkers is not running.
Therefore People will not buy cars.
This is denying the antecedent. Although cash for clunkers is over, people will continue to buy cars for other reasons such as an old one breaking down, they like a new car, their old car is not fuel efficient, a new driver needs a new car, etc. You are ignoring other common causes for people to buy cars.
Truth Detector said:
Increased production is meaningless when unemployment keeps skyrocketing, consumers keep hording money and GDP is in the negative 6.4% range.
This is irrelevant considering cash for clunkers did nothing to increase production. Cash for clunkers focused on increasing demand for cars by offering incentives to buy.
Truth Detector said:
I am stunned that you are still desperately arguing that programs like this are helping. Tell me something; who do you think is going to pay for the billions being doled out to people to buy cars; where do you think this money, will come from.
I think it is going to come from the U.S. federal government. How does this cause cash for clunkers to fail at stimulating the economy? You have made another unsupported remark.
Truth Detector said:
Here's another more pertinent question you and others desperately defending the rabid stupidity of this administration need to answer; who do you think is going to pay for this $10 to $11 trillion deficit and what will be the economic impact?
If you think that YOU and every single American in this country will be unaffected and that it will not have a profound impact on the future economic health of this nation, then you are wallowing in an amazing level willful denial.
It is a $10 to $11 trillion debt, not deficit. This is unimportant to the overall point of your question, but it is often confused. I think the U.S. government will pay for its debt.
You fail to state your position. You are too busy bashing others and arguing through question to realize you have not stated whether or not this profound impact on the economic health of this nation would be positive or negative. I will guess you believe it will be negative.
How does this cause cash for clunkers to fail at stimulating the economy? You are trying to argue through division once again. Cash for clunkers has added to the overall debt, but does not represent the whole debt. Cash for clunkers could still stimulate the economy while adding onto the debt.
…
To recap all you have proven to me is the economy is in a downturn and this program (cash for clunkers) amounts to taking money from one group and giving it to another group.
I happen to think cash for clunkers was effective at increasing demand for cars, selling cars, and stimulating the auto industry during this recession. The article supports my opinion saying:
“Auto makers will release their monthly sales reports Tuesday and they're expected to show the first year-to-year increase since 2007.
…
During the month long program, Billion Automotive sold close to a thousand vehicles…”
The article does say cash for clunkers has been slow to pay for some sold cars. This is a downside to the program that I will not deny, but it does not mean the program has been a failure. Especially when at the end of the article it said, “…Billion thinks he'll get his money eventually, it just may take longer than what the government first said.”