149 comments on The 2012 Oil Crunch vs. Cash for Clunkers
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149 comments on The 2012 Oil Crunch vs. Cash for Clunkers
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GAIA Host Collective
What about a 50% rebate on any new bicycle (no trade-in required), upper limit $350 credit (price $700) per bike, no more than one bike/member of household.
There are PLENTY of "on-the-shelf" Urban Rail projects (which will typically last 100+ years) ready to be built with tyhe money wasted on this.
Alan
Here's a better bike program: No government credit or rebate. We all just save up our our money from working, and each fund the purchase of our own bikes 100% with our own money. Amazing, but actually possible.
That way the money will be used for buying gas for the SUV and other consumption, none of which will help our society and economy prepare.
The concept of such tax incentives (and higher taxes to pay for them) is to reduce consumption and redirect that aborted consumption towards useful investments.
I also dislike the sop that Obama/Ds gave to the Rs, the $8,000 first time home buyer credit (the Rs wanted $16K).
Alan
That way the money will be used for buying gas for the SUV and other consumption, none of which will help our society and economy prepare.
I bought my bike 7 years ago for $100 and it's been my primary mode of transportation ever since. Purchasing my own bike without govt assistance didn't cause me to "buy gas for the SUV". I don't even have an SUV; I have a bike. I haven't the slightest inkling of what point you're trying to make.
Buy a bike, The last three bikes I picked up for free at the local transfer station, I am always amazed by what people on this continent throw away. There is obviously not enough of a problem yet to affect the consumer lifestyle.
mike
Well, since the premise of the legislation is that it's going to help the U.S. car companies out of trouble, while also boosting the economy to help us out of the current recession, from their point of view they aren't likely to think a 50% bike credit will accomplish either of those goals.
Plus, how much lobbying power do the bike manufacturers have compared to the auto manufacturers? Almost zero compared to a lot.