Saturday, November 23, 2013
Cash for Clunkers a near-total failure says … the Brookings Institute
Government at work again, with the usual lack of success...
On the HotAir.com website, Steve Eggleston begins with this:
"With all the stories about the massive failure that is Obamacare, especially the exchanges, that are finally out and about, it is easy to forget the earlier policy and fiscal failures of the Obama administration. Fortunately, the Brookings Institute didn’t forget about the 'Cash for Clunkers' program. In a report released last week, they found that the $2.85 billion, 2-month program essentially merely time-shifted the purchase of new vehicles forward a few months"
