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The Real Cost of Cash For Clunkers

So, how much longer will the Obama administration call the Cash For Clunkers program a success? Back in September I posted about an assessment of the program , which basically confirmed anything someone with basic understanding of economics should have...

Published 10-31-2009 11:47 AM by Matt Margolis

Filed under: Cash for Clunkers

Cash For Clunkers, One Month Later

According to the Obama Administration, Cash For Clunkers was a huge success. With nearly 700,000 cars sold under the program, no one can argue that the up to $4,500 incentive didn't move cars off dealership lots. But, as the Boston Globe reports ...

Published 09-21-2009 12:17 PM by Matt Margolis

Filed under: Cash for Clunkers

Fact Check: The Environmental Impact of Cash for Clunkers

Last week, I wrote about some of the flaws in the cash for clunkers program that President Obama recently extended with two billion more dollars worth of funding. I noted that the Heritage Foundation had several arguments against the legislation including...

Published 08-10-2009 7:00 AM by John Hanlon

Filed under: Cash for Clunkers, John Hanlon

Clunkers and Carnahan: How a Missouri Congressman junked his constituents (again)

Frequent readers of the AIP blog have heard about the curious case of Rep. Russ Carnahan. Two weeks ago I noted Carnahan's apparent disregard for his constituents' concerns when it came to ObamaCare; it appears, however, that we can add "Cash...

Published 08-06-2009 4:40 AM by Patrick Ishmael

Filed under: Missouri, auto industry, Cash for Clunkers

"Cars for Clunkers" Part II: The "Success" Continues?

Earlier this week, I wrote a blog post about President Obama referring to the cash for clunkers program a great "success". Even though the president said that the program exceeded expectations, I wrote about the major questions surrounding the...

Published 08-05-2009 7:00 AM by John Hanlon

Filed under: spending, Cash for Clunkers, John Hanlon

Fact Check: Obama said that cash for clunkers "exceeded all expectations"- Did it?

"But I'm happy to report that it has succeeded well beyond our expectations and all expectations, and we're already seeing a dramatic increase in showroom traffic at local car dealers." -Barack Obama President Obama recently used the...

Published 08-03-2009 7:00 PM by John Hanlon

Filed under: Cash for Clunkers, economics, fact check, John Hanlon

Was Cash-For-Clunkers A Success?

The White House will certainly call cash-for-clunkers a "success," and indeed its popularity was far greater than government estimates . But, the program was also a victim of it's success. Obviously, car owners found huge incentive in the...

Published 07-31-2009 12:51 PM by Matt Margolis

Filed under: health care, Cash for Clunkers

House Spending Perspectives: Disguising Bailouts

Last week, the House of Representatives passed another bailout of the automobile industry, though they did their best to disguise the bailout as a way to clean up our skies by giving people rebates (to the tune of $4,500) to buy more gas-efficient vehicles...

Published 06-15-2009 2:21 PM by Justin Higgins

Filed under: auto industry, bailout, Cash for Clunkers

Think The Government Is Not In The Car Business?

The federal government will now own a majority of GM stock, Barack Obama says he doesn't want the government in the car business, but all evidence points to the contrary. With GM filing for bankruptcy and government now owns a majority of GM stock...

Published 06-01-2009 9:14 PM by Matt Margolis

Filed under: Cash for Clunkers, Government Motors

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