Tag: cash for clunkers program

There are no estimates as to how many new jobs this program would create. But overall for $1 billion spent on infrastructure approximately 28,500 direct and indirect jobs are created. The proposed cash for claukers program is estimated to be approximately for $10 billion and hence can create as many as a quarter million jobs. Also the program is expected to be conducted from state offices, at least in New York and the 27 other states that have similar programs running. This will ensure that the money is distributed properly and jobs are created as these agencies already have protocols and distribution channels for such programs in place. However there is no incentive expected in the cash for claunkers program for do-it-yourselfers segment also called the DIY segment. Even in the New York plan homeowners were required to hire a contractor to qualify for the reimbursement which in a way  [...]

After the success of cash for clunkers program President Obama has now come up with Cash for Caulkers proposal to revive the economy. The proposal has almost all homeowners thinking as to what the program is all about. So here is a small preview of the program and what to expect from it. As of now the program is still being drafted and hence nothing definite can be said about the same. However experts feel that the program is more or less like the New York State’s home energy efficiency program. The program plans to incentivise homeowners to get new energy-efficient appliances, windows and other such items. New York Energy Efficiency program Since the program is more or less modelled on the New York energy Efficiency program lets see how the New York program worked. The first step in the New York program was to get an energy audit done by a licensed contractor. You can find the contractor  [...]