Clunker's boost auto sales for August....but what about the months ahead?

Of course the Cash for Clunkers boosted car sales for the month of August. If you could afford it and you qualified why not take advantage of it. But now of course there are 700,000 less people looking to buy a new car so in the months ahead the car sales are going to drop down and you will probably hear DC mention having to do some thing to help them out again.

Until we are truly out of the recession there is going to be lagging car sales, home sales and any other major purchase. Most people don't want to risk a major purchase during a recession in case they lose their job.

I don't think the government is ever going to learn you can't just keep printing money, pouring it into the economy and hope and pray that it will get you out of the recession.

There was no reason to lend the major bank money under the TARP program, now look at them, they have post profits in the BILLIONS so there was no chance that they would have gone under. AIG almost went under because of bad business practices. I thought we lived in a Free Market society. If I were to be running a business and it failed it is my own fault and I should not be bailed out because I invested in the wrong marked, sold the wrong item or what have you. The same with the auto companies, they have bad business practice. With the cost of gas going up (which people have predicted for years) they continued to produce vehicles that got extremely poor gas mileage and when people both from Toyota or Honda because they offered cars that got better mileage, they had no one to blame but themselves.