Doubts about its timing, chaotic implementation and environmental benefits — and that’s aside from the high cost of subsidizing trade-ins many of which would soon have occurred anyway.
The Cash For Clunkers Program is nothing more than a Modern Day version of the Broken Window Fallacy. Big Government has been pushing this fallacy on us continuously and ruining our wealth.
Another bailout for auto industry. I imagine with the loss of jobs many people will not beable to keep thier commitments of making thier payments and congress and the banks will be screamming for a bailout congess will bailout the banks again when is all this baloney going to stop.
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The Cash For Clunkers Program is nothing more than a Modern Day version of the Broken Window Fallacy. Big Government has been pushing this fallacy on us continuously and ruining our wealth.
http://www.sbabg.org/2009/08/03/cash-for-clunkers-is-a-modern-day-version-of-the-broken-window-fallacy/
SBABG.org
Another bailout for auto industry. I imagine with the loss of jobs many people will not beable to keep thier commitments of making thier payments and congress and the banks will be screamming for a bailout congess will bailout the banks again when is all this baloney going to stop.