"Cash for Clunkers" has Car Companies Recalling Some Laid-Off Workers

[Omaha Steve]

Marta and I did our part: http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=389x6366020

http://www.laborradio.org/node/11785

The demand created by the “Cash for Clunkers” program has General Motors rolling out a new plan that calls for the recalling some laid off workers. The company will add 60,000 vehicles to its end of year production schedule and that means nearly 1,350 laid-off workers could soon be back on the job. If the numbers are reached GM will see a 35 percent increase in production in the third quarter of the year over the second quarter. Ford, Honda, Toyota, Hyundai, and Chrysler have all suggested they will need to amp up production due to the increase in demand.

[jwirr]

1. I read that it ends sometime next week - I am wondering how that

will effect the sale of cars. That is the problem with much of the stimulus - it will end.

[Historic NY]

2. It ends Monday.

[customerserviceguy]

3. And I wonder what will happen to real estate sales

when the $8K new home buyer credit turns into a pumpkin on December 1st. I would imagine there will be incredible pressure on Congress and the President to extend both proposals.