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Saturday, November 15, 2008

Auto Bailout

How about this?

Instead of the Government GIVING our money to the American Auto Industry how about if they give our money to US to buy American made cars?

The American Auto makers are about 3-million cars short of what they thought they’d sell this year. Divide that by the $25B our Government is thinking of giving to the auto industry and it comes out to about $8,333 per car. How about letting Americans buy American cars with American tax dollars to help out American auto makers?

Put the $25B into an account. For each American that buys a new American made car the Government pays the first $8,333 of the price of the vehicle. This way, Americans can afford to buy new cars, the American Auto makers sell their unsold inventory while also getting the money they need to do business.

Give a man a fish and you feed him for a day. Teach a man to fish and you feed him for a lifetime.

1 comment:

Anonymous said...

Excellent plan. It's smart, which means sadly there is no way the government would do it.