......The Clunk in Clunkers

......The Clunk in Clunkers - Counts Consulting, Ltd.
"Ok, on to the issue at hand.
If you run a full service recycling business, did you get in on the Clunker rage last fall?
You know that deal where taxpayers subsidized people who were willing to get rid of a paid-for asset and go in debt for something they already had, which was a running vehicle.
You know that program that cost the U.S. tax payers over $40,000 per vehicle.
If you run a full service recycling business and wonder if you missed out by not jumping in on this deal, be at peace, you made the right decision.
If metal had not gone up recently, it would have put a lot of recyclers out of business and it still may be the beginning of the whirlpool for others.

If you are wondering why I'm writing about something that has already happened, then be advised that the administration is thinking about doing this again!
Therefore, I would like to see recyclers have a plan if this comes our way in the future."

Read this excellent article!

(HT ClunkerKing)