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Keyword: clunkders

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  • Cash for Clunkers Video Sparks Outrage Over Wasteful Government Programs

    08/04/2009 12:48:46 PM PDT · by khnyny · 81 replies · 3,075+ views
    Newsbusters ^ | August 2, 2009 | P.J. Gladnick
    Economists can argue back and forth in the media about the effect of big government programs such as the stimulus package and Obamacare but few things have illustrated government waste as effectively as this disturbing YouTube video in which a well running Volvo engine was destroyed as part of the Cash for Clunkers program. This video is currently going viral on the Web and has sparked outraged comments from many people whom I suspect have previously remained somewhat uninterested in the often elusive topic of economics. However, the wasteful destruction of this car seems to have awakened an economic sense...