Friday, July 31, 2009

Is Cash for Clunkers' A Forewarning Of Obamacare?



As MM points out, the Obama administration’s ambitious ‘Cash for Clunkers’ federal rebate program failed after only 3 days.
It wasn’t just the fact that the program ran out of money to buy back junk cars in exchange for gas efficient ones in only 3 days — it’s worse than that. The truth is, the Obama administration doesn’t have a clue what they’re doing.
The cash ran out because there was a woeful lack of planning, budgeting and strategizing on the part of the administration. Once again we get excuses from the White House as to why their bills or programs just don’t work:
The Obama administration is attempting to use the fact that the program was popular with consumers as evidence that it was a “success,” but that only serves as evidence of government incompetence. Unfortunately for Obama & Company, many people are aware that sometimes “too successful” is far more expensive than “didn’t work at all.” READ MORE…
So add the ‘Cash for Clunkers’ program to the growing heap of failures for the Obama administration. And then try to imagine what ObamaCare will be like if it passes.

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