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 been able to figure out before the program began...
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 , the sales rally ended when the program did, and dealerships...
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 the limited environmental impact that the program...
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 for Clunkers" to the list of areas where...