It was not a perfectly good idea, it was perfectly stupid. It has nothing to do with incentivizing people to help the environment. Are you kidding me? It was an ill conceived idiotic idea. First off it is a subsidy for an already ailing auto industry that already had been pumped full of govt money. It also was a pathetic attempt to help people spend more money when people should be saving money rather then incur more debt. Finally it has done nothing but provide a strong bump in sales and clog the already overclogged landfills with many cars that were nowhere near ready to be destroyed.
I am amazed that this could be considered a great idea by anybody.
You really think this is a wise use of your tax dollars?