Reply #6: Programs like this are designed [View All]

to be a stop gap measure to keep people buying while other measures are put in place to support the economy. Yes, they pull demand forward temporarily. Many who were waiting choose to buy. Many who were going to buy already benefit as well. It's only a failure if you think the people who designed the program are so daft they don't realize it is a temporary fix. Libertarians would have you believe that. Libertarians also think Ayn Rand was a goddess of wisdom and all social programs should be scrapped. So clearly they aren't the pillars of logic one might assume.


Congress is targeting jobs (climate change bill) in the long term and using programs like this in the short term. But that can't happen with Republicans clogging up every effort made by congress to push forward.