Why CARS (Cash For Clunkers) Won't Come Back

Mark Tapscott, over at the Examiner (http://www.examiner.com/examiner/x-12977-Cars-Examiner~y2009m7d31-How-long-before-CashforClunkers-becomes-a-permanent-federal-entitlement) , predicts that the cash-for-clunkers program (CARS) will be extended indefinitely because it is popular, and gives the Obama administration another way to spend money.

I disagree.  I think that if Congress extends CARS (doubtful), it will be a one-time shot.  The main reason is that there are still fiscal conservatives in Congress--the Blue Dog Democrats and the Republicans will team up to end the program.  The  Greenies won't support an extension because the current program, being a compromise, watered down the original premise of forcing people to trade up only to high-mileage cars.

CARS was fun while it lasted, but I predict it will shortly be as dead as one of the engines in my previous post.

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