[EconProf]

Let’s look even further, at the broader implications of this boondogle. Is society as a whole–our welfare–helped or hurt by this program?
The government took lower mileage used cars, poured poison down their throats, then crushed them. The impact on the nation’s gasoline usage and pollution emission I have read was miniscule.
Our national wealth of physical assets was thus diminished accordingly. Why couldn’t we have shipped all these cars to Mexico (or, pick a country), and sold them for, say, half their retail value here.
I read of one Mom who sought to help her daughter out, so gave her the family 12-year old 400LS Lexus that was “getting old”, so she could trade it in on a new little box from Japan. Almost made me cry.

[EconProf]

Let’s look even further, at the broader implications of this boondogle. Is society as a whole–our welfare–helped or hurt by this program?
The government took lower mileage used cars, poured poison down their throats, then crushed them. The impact on the nation’s gasoline usage and pollution emission I have read was miniscule.
Our national wealth of physical assets was thus diminished accordingly. Why couldn’t we have shipped all these cars to Mexico (or, pick a country), and sold them for, say, half their retail value here.
I read of one Mom who sought to help her daughter out, so gave her the family 12-year old 400LS Lexus that was “getting old”, so she could trade it in on a new little box from Japan. Almost made me cry.

[EconProf]

Let’s look even further, at the broader implications of this boondogle. Is society as a whole–our welfare–helped or hurt by this program?
The government took lower mileage used cars, poured poison down their throats, then crushed them. The impact on the nation’s gasoline usage and pollution emission I have read was miniscule.
Our national wealth of physical assets was thus diminished accordingly. Why couldn’t we have shipped all these cars to Mexico (or, pick a country), and sold them for, say, half their retail value here.
I read of one Mom who sought to help her daughter out, so gave her the family 12-year old 400LS Lexus that was “getting old”, so she could trade it in on a new little box from Japan. Almost made me cry.

[EconProf]

Let’s look even further, at the broader implications of this boondogle. Is society as a whole–our welfare–helped or hurt by this program?
The government took lower mileage used cars, poured poison down their throats, then crushed them. The impact on the nation’s gasoline usage and pollution emission I have read was miniscule.
Our national wealth of physical assets was thus diminished accordingly. Why couldn’t we have shipped all these cars to Mexico (or, pick a country), and sold them for, say, half their retail value here.
I read of one Mom who sought to help her daughter out, so gave her the family 12-year old 400LS Lexus that was “getting old”, so she could trade it in on a new little box from Japan. Almost made me cry.

[EconProf]

Couple of questions:
What is your tax bracket? Higher income folks get clear tax breaks for owning vs. renting.
How much down can you muster? A key reason to buy for real estate now to either live in or invest in is the dreadful return on your money everywhere else.

[EconProf]

Couple of questions:
What is your tax bracket? Higher income folks get clear tax breaks for owning vs. renting.
How much down can you muster? A key reason to buy for real estate now to either live in or invest in is the dreadful return on your money everywhere else.

[EconProf]

Couple of questions:
What is your tax bracket? Higher income folks get clear tax breaks for owning vs. renting.
How much down can you muster? A key reason to buy for real estate now to either live in or invest in is the dreadful return on your money everywhere else.

[EconProf]

Couple of questions:
What is your tax bracket? Higher income folks get clear tax breaks for owning vs. renting.
How much down can you muster? A key reason to buy for real estate now to either live in or invest in is the dreadful return on your money everywhere else.

[EconProf]

Couple of questions:
What is your tax bracket? Higher income folks get clear tax breaks for owning vs. renting.
How much down can you muster? A key reason to buy for real estate now to either live in or invest in is the dreadful return on your money everywhere else.

[EconProf]

I’m guessing we’ll get the $15,000 credit–however idiotic–it will apply to everybody, and will be announced in mid-November so as not to halt in-progress sales hoping to close by Nov. 30.
Look for a lot of whiners who snagged the $8k credit to complain they were cheated out of their rightful subsidy.

[EconProf]

I’m guessing we’ll get the $15,000 credit–however idiotic–it will apply to everybody, and will be announced in mid-November so as not to halt in-progress sales hoping to close by Nov. 30.
Look for a lot of whiners who snagged the $8k credit to complain they were cheated out of their rightful subsidy.

[EconProf]

I’m guessing we’ll get the $15,000 credit–however idiotic–it will apply to everybody, and will be announced in mid-November so as not to halt in-progress sales hoping to close by Nov. 30.
Look for a lot of whiners who snagged the $8k credit to complain they were cheated out of their rightful subsidy.

[EconProf]

I’m guessing we’ll get the $15,000 credit–however idiotic–it will apply to everybody, and will be announced in mid-November so as not to halt in-progress sales hoping to close by Nov. 30.
Look for a lot of whiners who snagged the $8k credit to complain they were cheated out of their rightful subsidy.

[EconProf]

I’m guessing we’ll get the $15,000 credit–however idiotic–it will apply to everybody, and will be announced in mid-November so as not to halt in-progress sales hoping to close by Nov. 30.
Look for a lot of whiners who snagged the $8k credit to complain they were cheated out of their rightful subsidy.

[EconProf]

4 bedrooms and 2 baths squeezed into 1240 square ft?
Check out the size of the rooms in the listing. Someone has a sense of humor left.

[Author]

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