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$25 Billion to Automakers -- Better Idea
Instead of giving $25 Billion to the "Big-3", I have an idea. Why not benefit both the average citizen and the automakers by offering to buy-out the difference on discounts.
Economy cars could benefit the most. For that kind of money, you could knock $10,000 of the price of a vehicle, get people in newer, more efficient vehicles, and kick-start the industry.
Say a new, base-model Ford Focus is $15,000. With the "Harrell Stimulus/Rebate Program", that car could be sold for $5000, and the automakers get the difference to continue operations. Think of how many people could afford reasonable financing on that.
Agree? Disagree?
-Rick Harrell (RH77)
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“If we knew what we were doing, it wouldn't be called research” ― Albert Einstein
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