The Instigator
burbachrocks
Con (against)
Losing
0 Points
The Contender
Rumsy
Pro (for)
Winning
21 Points

Cash for crappy cars

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Voting Style: Open Point System: 7 Point
Started: 8/6/2009 Category: News
Updated: 8 years ago Status: Voting Period
Viewed: 1,519 times Debate No: 9152
Debate Rounds (3)
Comments (8)
Votes (3)

 

burbachrocks

Con

This was going to be a great idea for for about a week but instead they had to at another 2 million dollars to it. Dealers are starting to say that people are so post to take back their cars.

I found this on this web site
http://uaddit.com...

Dealerships give customers the program's $4,500 trade-in rebates up front, then must file paperwork with the federal government to be reimbursed by stimulus dollars. Cosignatory says her dealership has not gotten any of their program paperwork approved so far and wants the new car back in the meantime.

It's dum people thought it was going to bring the economy up (it did a little) but the stocks are starting to fall again

This table charts the key U.S. financial indices by their last reported value and change since the most recent trading day opened. Index Last Change
Dow 9,256.26 -24.71 (-0.27%)

NASDAQ 1,973.16 -19.89 (-1.00%)

S&P 997.08 -5.64 (-0.56%)

They all so fell yesterday like the Dow it was doing really bad starting out at 8,000 something it has gone up but here we go again its going back down.

The worlds going to end some day so y not now and not let this happen again. So lets not worry about taking the crappy cars off the road and let the gas go. Some people can't afforded new cars so they have to stay with the gas taker cars. Lucky them Not.

They also didn't know if they wanted to start this program cause they have been thinking about it for 7 months now and they finally let it go to see what it did it made some stuff go up for now but now that dealerships aren't doing it no more the stocks are going back down.
Rumsy

Pro

Alright, I'll target one argument this round and his other arguments in Round 2 while responding to any rebuttals. As for now, here are my arguments in favor of the CARS program.

But first a brief summary on the topic:

CARS stands for Car Allowance Rebate System (Cash for Clunkers). It was pitched a year ago in the New York Times by a well known economist, Alan Blinder. Ever since then, a majority of democrats in the House and Senate have been eating it up. The program had been tried in a few states to improve air quality, and it championed exceptionally small decreases in air pollution.[2] The program was instituted just weeks ago, and Congress has recently approved $2 billion dollars to extend Cash for Clunkers.[7] 240,000 Americans have already traded in their clunkers.[4]

I will explain more with my arguments which I will divide into 2 separate parts:

1. Economy - (Market Data [1])

7/7/09 -- 8/7/09 (8/6/09)
Dow 9,093.24 -- 9,382.92 (+236.66, +1.37% from previous day.)

NASDAQ 1,746.17 -- 1,999.91 (+26.75, +1.36% from previous day.)

S&P 881.03 -- 1,011.39 (+14.31, +1.44% from previous day.)

There is no direct correlation between Cash for Clunkers and declines in the stock market. In fact, since July 24th the averages continue on a steady incline, with a few sudden and short lived declines. Cash for Clunkers is meant to increase consumer spending and put money back into the economy. As automotive sales had been at the lowest in years, the cash for clunkers program has increased sales. For example, GM has boasted a 28.7% stock value increase this quarter, and although sales are down 3.1% from this time last year, its an increase from the 11% they were down at the start of this year.[6] And Cash for Clunkers is also an indirect investment in the job security of employees of over 100 companies that rely on GM. These companies and suppliers will go bankrupt along with GM, which alone has around 69,000 U.S. Employees.[8] I haven't found any statistic estimating the jobs at stake, nor can I guess.[3] Keep in mind GM is only one of The Big Three automotive companies.

The average mpg increase for the fuel economy is estimated to be 9 mpg, from 15.8 to 25.4 mpg, a 61% increase.[4] The increase is a static analysis and calculated to save 80,000 barrels of oil each day.[7] It will save each driver of these new cars around $580 each year, saving $58 million gallons each year.[5]

2. Environment - Removing older cars from the road will not only reduce fossil fuels being used, but also shows a majority of trucks and SUVs being traded in for passenger cars. If that's not enough to sway any Global Warming fanatics, then how about the estimation that there will be around a 575,000 ton reduction of carbon dioxide emissions, reducing greenhouse gases.[5]

[1] http://moneycentral.msn.com...
[2] http://curiouscapitalist.blogs.time.com...
[3] http://www.newsweek.com...
[4] http://www.time.com...
[5] http://www.istockanalyst.com...
[6] http://www.michigandaily.com...
[7] http://www.msnbc.msn.com...
[8] http://en.wikipedia.org...
Debate Round No. 1
burbachrocks

Con

burbachrocks forfeited this round.
Rumsy

Pro

First, let me start off by correcting a couple errors I overlooked before submitting.
1. Dow 9,093.24 -- 9,382.92 (+236.66, +1.37% from previous day.)
- Dow 9,093.24 -- 9,382.92 (+126.66, +1.37% from previous day.)*

2. The average mpg increase for the fuel economy is estimated to be 9 mpg.
- The average mpg increase for the fuel economy is estimated to be 9.6 mpg.*

3. It will save each driver of these new cars around $580 each year, saving $58 million gallons each year.
- It will save each driver of these new cars around $580 each year, saving 58 million gallons each year.*

4. Removing older cars from the road will not only reduce fossil fuels being used, but also shows a majority of trucks and SUVs being traded in for passenger cars.
- Removing older cars from the road has reduced the amount of fossil fuels being used. Statistics show that the majority of trucks and SUVs are being traded in for passenger cars.

And the only thing left to do, without more arguments from my opponent, would be to tie up any loose ends:
"They all so fell yesterday like the Dow it was doing really bad starting out at 8,000 something it has gone up but here we go again its going back down."

- The stock market does that. It did go back down on august 6th, only to rise again august 7th. It has been on a rising trend since July 4th.

"The worlds going to end some day so y not now and not let this happen again. So lets not worry about taking the crappy cars off the road and let the gas go."

- Sort of a big leap there, ya think?

"Some people can't afforded new cars so they have to stay with the gas taker cars. Lucky them Not."

- People are still in fact able to buy used cars if they choose, no one is forcing them to participate in the program.

"They also didn't know if they wanted to start this program cause they have been thinking about it for 7 months now and they finally let it go to see what it did it made some stuff go up for now but now that dealerships aren't doing it no more the stocks are going back down."

- Not true at all in fact. The program has been tested in several different places world wide, as well as here in the States. And I like to have a little faith in my government, enough to believe it wouldn't just implement a program to "let it go to see what it did".
Debate Round No. 2
burbachrocks

Con

burbachrocks forfeited this round.
Rumsy

Pro

Nothing left to say.
Debate Round No. 3
8 comments have been posted on this debate. Showing 1 through 8 records.
Posted by wjmelements 8 years ago
wjmelements
PRO gets all 7 points due to multiple forfeits.
Posted by Alex 8 years ago
Alex
"Cash for crappy cars"

It's actually cash for clunkers ^^ haha
Posted by Rumsy 8 years ago
Rumsy
Just a heads up, "... but instead they had to at another 2 million dollars to it. ..."
They actually decided to add 2 billion dollars to it. If it were 2 million, no one would be pissed. I've seen high schools that get as much funding as that.
Posted by I-am-a-panda 8 years ago
I-am-a-panda
Well, con hasn't won s/g
Posted by brian_eggleston 8 years ago
brian_eggleston
This idea originated in Germany and was copied by various other European countries and has been a great success.
Posted by Rezzealaux 8 years ago
Rezzealaux
what is this i don't even
Posted by Neferiel 8 years ago
Neferiel
In-DEED.
Posted by Xer 8 years ago
Xer
Wow. Simply, wow.
3 votes have been placed for this debate. Showing 1 through 3 records.
Vote Placed by Rezzealaux 8 years ago
Rezzealaux
burbachrocksRumsyTied
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Total points awarded:07 
Vote Placed by wjmelements 8 years ago
wjmelements
burbachrocksRumsyTied
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Vote Placed by Rumsy 8 years ago
Rumsy
burbachrocksRumsyTied
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Total points awarded:07