If they manage to extend the program, look for some enterprising Chinese company to start making new 'clunkers' and selling them for $3000 just so you can collect the $4,500 trade-in money. Maybe the government should pay car thieves to target clunkers, as long as they promise to cut them up for spare parts -- we wouldn't want anyone buying a clunker and reselling it to the government. They'd never thing of doing something like that in New Jersey. Couldn't happen.Republicans also pointed out that the administration had originally estimated the first $1bn in funding would last until November. Instead it is expected to run out in the next few days.
"When the administration comes bearing estimates, it's not a bad idea to look for a second opinion," said Mitch McConnell, the Senate minority leader. "All the more so if they say they're in a hurry."
Prospects for overcoming a Republican filibuster were also dealt a blow on Monday with objections from a number of leading Democrats. Dianne Feinstein, the senator from California, and Chuck Schumer, the New York senator, both want to raise the fuel efficiency standards of the subsidised vehicles, 250,000 of which have now been funded.
If this idea takes off, we could pay people to throw stones at their windows and offer a government subsidy for energy-efficient replacement windows. Maybe inner city gangs could be recruited by community organizers to vandalize old buildings so that they could be fixed up with stimulus funds.
We could even apply this brilliant economic principle to health care. Let's hire mafia hitmen to take out old people who spend disproportional amounts on operations and drugs. Thing of the savings, and the huge reduction in the carbon footprints of those elderly folks. Now, we're talking about a real "cap and trade" program.
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