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August 2nd, 2009
03:47 PM ET

"Cash for Clunkers" discriminates?

That's what auto expert, Lauren Fix told CNN's Fredricka Whitfield.

"Cash for Clunkers" is a stimulus program that's worked far better than expected.

So many people have signed up that the one billion dollar budget is running dry. The House has voted to pump another two billion dollars into the program, but the Senate has yet to go along with the measure.

The White House says all weekend sales will be honored. Auto expert, Lauren Fix has problems with the program.

Filed under: Anchors • Fredricka Whitfield
soundoff (5 Responses)
  1. Bob S, Orillia Ontario

    This is an automive stimulus plan which people can understand.
    But it obviously didn't go far enough to provide the needed incentive.
    It's another government gimmick which promises but doesn't deliver.
    This could stimulate the auto industry, reduce pollution, decrease oil consumption, & provide spin-off employment; if done correctly.

    August 2, 2009 at 4:19 pm |
  2. Karen Allen

    I watched the segment on Cash for Clunkers not for everyone. I don't know if we needed the "automotive" expert that seemed more disturbed that she couldn't cash in for a car for her son. In addition to the infusion of money into the system (revenue for dealers, commissions for salesmen) all supporting home mortgages, rent and putting food on everyone's table. THE OVERWHELMING REASON FOR THE PROGRAM WAS TO SAVE ENERGY. Why not have T. Boone Pickens or someone that looks at that side of the equation and balance the benefits out.

    August 2, 2009 at 4:54 pm |
  3. Jon

    The government needs a program like the SUV Tax Credit, several years back. Tax credit up to $100,000, cool. Program is not for everyone. You buy new product (car) increase in insurance for the new care, monthly payment, yet this got us in trouble in the first place.
    Wow, another bank bailout. This is like the money used to save the homeowners, which extra money was provided to the banks. Where is the progress reports on these banks with the load modifications. Ok, there out spending the bonous moeny.

    August 3, 2009 at 1:30 pm |
  4. D.Reightler

    I'm glad the stimulus/enviornmental program is such a sucess. Unfortunately, having lost my job recently, it's impossible for many Americans like myself to take advantage of such programs. As usual when the government finally puts in place a program to help consumers, the only people qualified to use it, probably don't need it. Allow me to get back in the work force, and I won't need a hand-out.

    August 3, 2009 at 4:37 pm |
  5. Rick

    This program is not for every American. I am unemployed and have to drive a 1998 Tahoe that gets awful gas mileage. I would love to have been able to trade my vehicle for a vehicle to save gas. I would love to get back into the U.S. workforce, but most of our work is going overseas or Mexico, thus American workers aren't needed.

    August 14, 2009 at 12:33 pm |

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