It was not too difficult to see how the cash for clunkers program would give people a reason to buy a new car. Apparently it was difficult to get the intended result out of the program. This was supposed to be a win-win program. Not only would it drive sales of cars, which in theory would save jobs and create economic growth, but it would also help save the environment by giving people an incentive to buy fuel efficient vehicles. What could possible go wrong?
The latest data out about the program shows that most people traded in trucks for guess what trucks not tiny hybrids. The net impact of the small improvement in fuel economy was probably out weighed by all the energy used in advertising the program. And we want the government to provide our health care because?
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