Sunday, August 2, 2009

What's in it for me?

At some basic level, it really comes down to am I better off now than before? All things considered, I have stagnated, so whatever economic policies under the previous President were in place, really did little to change my lot in life.

But under Obama, within his first six months I get a new car!

With the cash for clunkers program, I received $4500 for our 94 4-wheel drive Explorer. Ford pitched in $1000, and I got another $2500 because of where I work. Then to top it all, Ford gave us three years financing at zero percent interest.

Finally a government program I get to partake in, and I finally get a car with air conditioning and windows that will roll up! Wins all around! The salesman gets a commission, the dealership makes money, and Ford sells another car.

I am sad that the Explorer had to be euthanized, she was still running strong even after 15 years. I also sympathize with the auto wreckers that lose a good engine, but the program was designed to stimulate the economy and remove less fuel efficient vehicles off the road which reduces foreign oil demand and reduces pollution (unless I drive it more since it does have AC).

All in all not a bad program with the exception of the dealership is up in the air as to if the government will follow through on their end, which leaves me with the possibility of the deal falling through.

If that happens then I will not have a new car and therefore will not like Obama.

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