Wednesday, August 5, 2009

Seator will Vote on "Cash For Clunkers" Friday


Every other call I get at the dealership is asking if we are still participating in the "Cash for Clunkers" program.
Cliff Banks from Ward’s Auto wrote this week:
The U.S. Senate will make a choice this week, either to keep cash-for-clunkers alive and support small businesses or unwittingly declare war on small business by killing the stimulus package, while righteously attesting to misguided, ill-informed ideals.Congress gave the National Highway Traffic Safety Administration only 30 days to create an unbelievably complicated program. What NHTSA pulled off is nothing short of heroic, despite the problems.
Not only did Congress not give the agency enough time to build a sound program, it complicated matters by instructing NHTSA to make sure no fraud occurred under the cash-for-clunkers program. That became one of the agency’s top goals, which ended up handcuffing dealers.Most egregious is that Congress woefully under funded the program. What was supposed to be $4 billion was reduced to $1 billion because Republicans and Democrats could not agree on whether the funding should come from existing or new stimulus money.
The $2 billion the House approved last week is to come out of existing stimulus money, so it’s not adding to the debt of future generations. The money is already there.Cash-for-clunkers is all about small business. More than 20,000 dealers put their money and their businesses on the line last week, trusting the Congress. Some dealers have spent hundreds of thousands of dollars in marketing and ordering extra inventory because they want to do their part in getting the economy rolling again.
The insane success of cash-for-clunkers proves two things: First, small business drives the economy of this country. It was the dealers that made the program work. During the month of July, thousands of dealers built savvy marketing plans, trained their staff and readied their stores for what they hoped would be extraordinary success.
When the administrative problems reared their ugly head last week, dealers didn’t complain. Instead, they buckled down with their employees – many of them working around the clock to get the required paperwork submitted.
The second lesson is one most Republicans should be jumping all over. Cash-for-clunkers proves putting money into the hands of the people is what’s going to get us out of this recession.Senators seem to be forgetting cash-for-clunkers is about optimism, hard work and cooperation – the very ideals that are going to lift this country out of its economic malaise.
Will cash-for-clunkers do it alone? Of course not! But it’s a start, and a darn good one. If you want to get into this program contact your Senator's office today and let him know where you stand.

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