“Cash for Clunkers” Suspended

From USA Today:

Automakers have ordered millions of dollars in television ads. Dealers had the hot dogs, balloons and full-page Sunday ads in the newspapers ready to pounce on sales opportunities. And it is all in vain: the “Cash for Clunkers” program is on hold.

This would have been the first full weekend for the program. It was only last Monday that Transportation Secretary Ray LaHood officially kicked it off. Lots of momentum will be lost from the suspension, confirmed moments ago by sources.

This is why you shouldn’t let government do anything important.

UPDATE:
From Yahoo:

Some car shoppers are finding that their trade-in vehicles, which qualified for a Cash for Clunkers rebate last week, don’t this week thanks to changes in the EPA’s fuel economy ratings.

In some cases, car buyers say, dealers are backing out of sales they’ve already made because the EPA changed the fuel economy figures on their trade-in.

Ever hear the saying, “If the government can’t fuck it up, then it can’t be fucked up.” ? This is where sayings like that come from.