Thursday, July 30, 2009

A healthcar preview

Brought to you by the National Highway Traffic Safety Administration.
They're suspending the Cash for clunkers program as of midnight tonight,,,,because of the huge backlog of unprocessed files.

Through late Wednesday, 22,782 vehicles had been purchased through the program and nearly $96 million had been spent. But dealers raised concerns about large backlogs in the processing of the deals in the government system, prompting the suspension.

A survey of 2,000 dealers by the National Automobile Dealers Association found about 25,000 deals had not yet approved by NHTSA, or nearly 13 trades per store. It raised concerns that with about 23,000 dealers taking part in the program, auto dealers may already have surpassed the 250,000 vehicle sales funded by the $1 billion program.

"There's a significant backlog of 'cash for clunkers' deals that make us question how much funding is still available in the program," said Bailey Wood, a spokesman for the dealers association.

The bureaucrats can't take care of less than 25,000 sales- HOW do they think they can manage 300,000,000 medical cases?

And yet in the same article, they predict the fiscal results of the massive healthcare bureaucracy to come...."Even before the suspension, some in Congress were seeking more money for the auto sales stimulus. Rep. Candice Miller, R-Mich., wrote in a letter to House leaders on Wednesday requesting additional funding for the program."

Now, wtf is the NHTSA doing administering funds for auto sales?

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