| ssj12 said:
Still look at it this way. If they recycle the cars and create new jobs Obama just managed to accomplish one of his promises. It doesnt matter if they don't continue funding the program or do it once a year or never. If he manages to make the US a bit greener, which 220,000 new fuel-efficent cars are now on the road and 220,000 old gas-hogs are off the road, he helped things out.
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If you look at the vehicles in the video none of them seem to be more than (about) 5 or 10 years old which means that the old gas hogs with poor emissions are not the ones that are being distroyed. All that is going to happen is that the price of these used vehicles in this age bracket will increase because of the quantity that were destroyed (for no reason), people who owned older cars that really should be replaced will hold onto them for longer because they can't afford to replace it with a newer (more efficient) car, and rather than having a 25 year old car that burns oil off of the road you have a fuel efficient 7 year old volvo off the road.
Beyond this, a large portion of the cars (potentially the majority) that will be bought will have been manufactured in Canada, Mexico, Japan, or South Korea which means that the American's are borrowing money from China to stimulate the economies of foreign countries; while (as a Canadian) I apprieciate this it is a really moronic thing for a country to do.
Now, these cars will be recycled but until there is a demand for the materials from these vehicles they won't be processed and will sit on a lot rusting for no good reason.