måndag 27 april 2009

Old cars suddenly worth money

Rusty car

This car is probably too far gone to qualify for the government's new "scrapping grant" to boost the ailing car industry, but old cars now qualify for a £1000 grant and a further £1000 manufacturer's discount.

As a result of the law of unintended consequences, derelict old bangers are suddenly worth £2000. It is the kind of thing that happens when governments operate without any underlying principles to guide their decisions and policies can only be made on an ad hoc basis. It is a recipe for disaster.

The cost of this piece of nonsense is is expected to amount to £300 million, enough to pay for 60 new Electrostar trains like these. Who decided the priority or did the decision just happen?

Lewes station with Electrostar train

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