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The $10,000 rebate has to come from somewhere. If it comes from the government...it comes from the taxpayers. If you're one of the people buying a $5000 car you're happy to pay an extra $150 in taxes a year. If you're not...you're not a happy camper.
We're already tagged with $700 billion of debt with the recent bailout. The United States just became the worst credit card abuser in the country. You know...you finally get the credit card paid off and swear to never use it again. Then, one small $100 purchase and the next thing you know it's back at a $5000 balance.
I knew as soon as the government started giving handouts...it would open the floodgates.
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