CARS, or the Car Allowance Rebate System is an Obamanomics joke designed to help people making far more than the average US citizen.
I have two older cars that I am driving, a 1992 and a 1993. Neither qualify under the CARS, both get (according to http://www.fueleconomy.gov/feg/sbs.htm) get about 20 miles per gallon.
Instead of buying a huge piece of crap like an Expedition I purchased reasonable cars with decent gas mileage.
Who benefits from this program?
Morons who purchased expensive, gas guzzling SUVs, Trucks and Giant Sized cars.
What kind of cars does the middle class buy? Reasonably priced mid sized cars.
Sure, a lot of families own minivans. The most popular car in the United States in the Toyota Camry. The most popular style of car is the mid sized sedan.
So the majority is screwed while the minority who invested in mini-vans, SUVs and Trucks are rewarded.
Reward the wasteful.
Screw the responsible.
Welcome to Obamanomics.