Giving away something for nothing doesn't work?

I'm shocked...SHOCKED that "Cash for Clunkers" is going broke after 4 days. Who knew that giving away money for nothing would attract so many takers? Keep in mind that the entity doing this is the government; they CANNOT CREATE REVENUE! They can only redistribute it or curtail spending. Unlike the private sector, they have no mechanism for creating revenue.

The program — aimed at giving at boost to the U.S. auto industry — was supposed to expire at the end of October. But in the one week since it took effect, it appears to have run dry of the $1 billion allocated to it, aides said Thursday.

http://www.politico.com/news/stories/0709/25638.html


Any predictions on what will happen with government run health care?