re: #296 VegasRick

222,222 cars sold in a week?
I think there is a hole in that boatload of money.

Actually, deals have been struck for this program since July 1; they couldn’t be consummated until the 24th, but there were a lot of deals sitting in the pipeline beforehand. It’s a lot more than a single week’s worth of deals.

Continuing to extend the program because it’s wildly popular, though, is a huge mistake. If it’s going to be extended, that extension needs to be justified by some sort of economic calibration matching expected benefit against the outlays. I’m not seeing that part happening, and there are downsides to allowing the program to run for a long period of time.