Dr. Zero has a great piece on the cash 4 clunkers joke- well worth reading. From Hot Air:
The Left loves to criticize capitalism for being short-sighted, while benevolent government takes the long view, planning for the future through the brilliant designs of a command economy. Like many of the Left’s beliefs, this is the exact opposite of the truth. Consider the latest example of socialist government’s astonishing nearsightedness: the Cash for Clunkers program.
Originally slated to last through October, Cash for Clunkers blew through its billion-dollar funding in a week, and has received an injection of two billion additional dollars from Congress....
If it makes you feel any better, remember that all of this is being done in the name of a religion you probably don’t believe in. Oh, wait, that’s going to make you feel worse. Good. It should. The sight of Obama’s apparatchiks squealing with glee like little girls, and declaring Cash for Clunkers to be a phenomenal success, should fill you with blind rage. Maybe we could get a little value for our money by having the federal government assign the brainwashed schoolchildren trapped in its rotting educational system to fashion bits of metal from the destroyed clunkers into decorative keepsakes, and mail one to everyone who paid taxes last year. We could call them Planetary Savior Trophies, and each could come with a little prayer you recite each morning, to reduce global warming....
The Left always portrays businessmen as rapacious predators who would gorge themselves on today’s profits, without any thought for the future. This is a far more accurate description of socialist government. Capitalists, as a group, are not interested in destroying vast amounts of future wealth to obtain a quick infusion of immediate profit – that’s just stupid. Some individual businessmen may act in such a manner, and some take it to the level of criminal activity that should be punished, but the vast majority of them are in business for the long haul. By definition, a company that destroys its own market for immediate gain is destroying itself. Individual companies rarely have the power to inflict that kind of market damage anyway – such power is the province of Big Government alone.
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