Is Cash for Clunkers causing another bubble?

Well, since it's over Monday evening, I think it would have to be a very tiny bubble. On the other hand, GM has called back 1000 workers, which will put more money back into the economy. I'll accept a tiny bubble for that. (Wanders off humming Don Ho.)

Yes, the fetish of the State, supreme expression of the commodity and capital fetishism, creates illusions to the capitalists themselves. For them the State, an expression of social relation, is transformed into a thing or a supreme power able to absorb all the debts and sustain all the capitals in bankruptcy: the bankruptcy of the State (the liquidation of public credit, the default of the public debt, the sinking of the monetary system, the disruption of all inter-state relations) is now in progress as a condensation of the crisis.

Wait until the bubble pops.

unemployment is GOING THREW THE ROOF,cash clunkers was a obominatrion to 99% of Americans......wasted time and moneys.....dn

I still haven't gotten past the wastefulness of this nation by smashing perfectly good cars when they could have been sold to unfortunate others who cannot afford a new "green" car. There is something very wrong with this.

Yes - just like the CRA, cars will not be paid for although it will really help the repo man.

Yes it is. Some are buying cars that they probably can't afford. Also, its artificially inflating the market.

It was a publicity stunt. No great economic implications one way or the other.

yes.

probably