“suggest that in this particular case, environmental objectives undermined and even reversed the stimulus impact of the program.”
DUH....
But if you thought it was a horrible program, you were just one of those racists that hated the idea of a black president, remember?
Then it naturally follows, 2 billion is cheap for the benefit gained.
Most frightening words in the English language? “I’m from the government and I’m here to help”!
One of the worst results was to reduce the inventory of used cars available to the lower class. This must have raised the prices. Thus, the costs were shifted to the poor! This whole thing was a really bad idea.
cash for clunkers was a other payoff to the UAW, just like the administrations’s interference in what should have been normal bankruptcy proceedings at GM. But the UAW would have taken a huge, if not fatal, financial hit, so Obama stepped in and essentially gave the UAW a car company.
anything the libturds touch turns to ca ca.
My nephew is an auto mechanic for a dealership. When he saw the vehicles they were junking, he said those vehicles were better than his car and he would have loved to swap them out.
Thanks Obama, Well off people got a reduction in the price of a new car and others working in the pre-owned industry lost their jobs.