Cash for Clunkers - Typical Bad Government Forecast

Obama tries to turn this debacle of "Cash for Clunkers" into a victory. The administration couldn't get it right in its forecast of costs for a simple $1 billion program, running out of funds in less than 1/4 of the projected time. Meanwhile, Obama wants us to buy into a government-run health care system, that is far far more complex to run than Cash for Clunkers, and is supposed to cost a $100 billion per year. Applying the same ratio, the government would run out of money for government health care in each calendar year at about the end of March and spend at least $400 billion per year instead of $100 billion per year. This is the Change We Can Believe In.
The Teleprompter President also gets on television and talks about having people not get into credit card crises anymore. Meanwhile, the administration induces people to make car purchases with the Cash for Clunkers program; getting many to make big car loans for new cars. Many of these buyers would be much better off driving their depreciated clunkers and saving the cost of a new car that they don't really need. But, then again, Obama needs to prop up his automobile company, Government Motors.