Comments on: $3,000 Cash for Caulkers Details Revealed

By: Saving Money Today

Saving Money Today — Tue, 09 Mar 2010 15:46:06 +0000

I have an older home that could certainly use some insulation to become more energy efficient. I wouldn’t say this program is going to make me spend more money insulating but I’ll gladly take advantage of the savings.

By: Budgeting in the Fun Stuff

Budgeting in the Fun Stuff — Wed, 03 Mar 2010 19:03:16 +0000

Here’s the real question, how do you determine whether or not to participate?

We bought our home in 2007, so we weren’t eligible for that tax credit. Our cars weren’t eligible and I wouldn’t have traded them in anyway since they run well. We have never missed a payment on anything, so we weren’t eligible for any of those mini-”bailouts” either.

BUT, we do own a home so we could take advantage of Cash for Caulkers. Our home was built in 2004 and is already pretty energy efficient ($180 electricity bills during the worst part of a Houston summer). I’m wondering if it would even be worth it…

Plus, my husband and I are in our 20′s, so we are the progeny that’s going to shoulder this crap (let’s just say we wish none of these credits, including this one, were ever invented)…do we add to it by participating or ignore programs like this and just shoulder the debt from those that do take advantage?

By: GDP as Economic Indicator: Why Q3 Growth Doesn’t Spell Recovery | Money Under 30

Thu, 07 Jan 2010 22:37:47 +0000

[...] government planning additional stimulus plans such as a cash-for-appliances program followed by a cash-for-caulkers, will the benefits outweigh the costs to taxpayers in the long-term? We’ll have to wait and [...]

By: Carnival Of Twenty Something Finances Turkey Edition | How I Save Money.net

Carnival Of Twenty Something Finances Turkey Edition | How I Save Money.net — Mon, 23 Nov 2009 10:07:10 +0000

[...] presents Cash for Caulkers Ã¢â‚¬â€œ I’m Not Kidding. Latest Gov’t Giveaway Programposted at Darwin’s [...]

By: Johanne

Johanne — Thu, 19 Nov 2009 05:22:34 +0000

Someone once said, you can’t buy your way out of debt.

By: Jim

Jim — Thu, 19 Nov 2009 00:35:27 +0000

“the American taxpayer paid $24,000 per vehicle to execute the program”

That $24,000 number is pretty questionable. That makes it sound like they wasted almost $20,000 just to administer it. That is not the case. The people reporting that $24,000 figure are assuming most of the cars would have been sold anyway and then concluding the government only got its money worth on the additional car sales. I don’t think giving tax refunds to citizens is a “waste”. The government spent $3B on tax refunds for 700,000 cars.