DISQUS

The New Ledger: The White House Attacks Edmunds for Reaching Politically Uncomfortable Conclusion on Cash for Clunkers

  • bobalt · 3 weeks ago
    Interesting; this is precisely the kind of promotion program evaluation good companies run to assess whether the promotions they run make financial sense. We develop an incremental sales number (and incremental profits) and deduct the full cost (which is the incremental for cost) of running the promotion. There is always some cannabilization of base sales trends, but we try to keep it to a minimum by constantly reassessing what works and what does not work. Governments (under either party) rarely do such assessments, but constructive critics of government do evaluate such programs as Edmunds did. More power to good journalism.
  • Jack_Davis · 3 weeks ago
    I don't think you're blind, Francis. I think they're lying and have been for some time, about this and a lot of other things.
  • phillyfanatic · 3 weeks ago
    Today, CBS came out, of all media outlets, CBS, and told the listeners, watchers that the WH simply is distorting the claim that their, note, their Porkulas created 650,000 jobs. That is pure nonsense. Now the Clunker claim. And what about the drop in consumer confidence today? And when the unemployment numbers jump to 10%, will the Obamabots claim there is a JOBLESS RECOVERY?
  • valwayne · 3 weeks ago
    In Obama's America the "Truth Doesn't Set You Free" it gets you added to the enemies list! The list of oppressed disidents to Obama's reign of tyranny gets larger and larger, ....The Chamber of Commerce, Health Insurance Companies, Fox News, Sarah Palin, Dick Cheney, The CBO, The elderly and sick at town hall meetings. Welcome folks to Obama's Gulag!
  • qbbh · 3 weeks ago
    Why should the Obama Administration attacking anyone who critizes them surprise anyone? This is Chicago politics, now at a National level. If it is not Obama's doing, it is definately Rham's.
  • mistermcfrugal · 3 weeks ago
    Err, I believe it is racist to object to any statements made by Obama or his helpers. Shame on this web-site for "lynching" Obama with the truth!
  • Ryan Szrama · 3 weeks ago
    Good thoughts. I read the White House missive and the Edmunds report and was immediately impressed by the fact that one of them managed to include data. Based on the article above, I'll let the other commenters guess which one that would be. ; )
  • Jack_Davis · 3 weeks ago
    I don't think you're blind, Francis. I think they're lying...not only about this but also about other things, and they have been lying for some time. Thank you for keeping your light shining on them.
  • subframer · 3 weeks ago
    Of course cash for clunkers borrowed from future demand. Is this WH dumb enough to think that this was anything but an artificial lowering of prices that created a temporary run on goods? It's actually staggering how naive they are re market economics.

    Of course, since Dear Leader can cure the sick and part the sea with a wave of his hands, I'm sure all will be well......
  • BlackSaint · 3 weeks ago
    Meantime, with 15 million Americans without jobs, the invasion continues, no Liberal Politician will address the 500 pound gorilla in the room, and millions of invading, plundering, welfare loving, prolific breeding, Illegal Aliens taking millions of jobs that should be American jobs and 100,s billions of dollars in social services that should be for American citizens!

    One cannot be political correct and admit that Illegal Aliens are an large part of the problems in this Nation.

    Their negative impact extends to every area from Sub-par loans & defaults, Underground economy, Massive document fraud, Lower standard of living, Crime, Overflowing prisons , Bankrupted hospitals, Failing schools, Property Taxes, Insurance costs, Environment, Culture, Welfare costs, Welfare fraud, SS fraud, Voter fraud, Disrespect for our laws & country, our Constitution against invasion and even Balance of payments occurring from oil and other imports to support the 20 to 30 million illegal aliens in this country!

    One has to only look at Calif. which is basically mostly an Spanish speaking, Bankrupt state that cannot afford to provide Welfare, Schooling, Medical, Prison cells etc. for millions of MS-13 Gang bangers, Drug dealers, Rapist and other assorted Criminals and uneducated, Prolific breeding, third world rejects from Mexico!

    In a very few years it will be impossible to see where Mexico ends and Calif. begins as both will be an third world cesspool!

    Failure to secure our borders and reward the Invading horde for their invasion and their relatives in an never ending chain with American Citizenship is nothing less than committing National Suicide & will assure our future is an over populated Spanish speaking third world Nation that is an Cesspool of Corruption, Crime, Poverty and Misery modeled on Mexico!