Proof: Cash For Clunkers a $3 Billion Bust
The results are in - auto sales in September were far worse than most dealers expected. Give credit to "cash for clunkers," Capitol Hill's brilliant plan to micromanage the economy and move sales that likely would have occurred at a more normalized pace all into August.
Not quite the helpful stimulus that was hoped for...then again, it was only $3 billion.
Not quite the helpful stimulus that was hoped for...then again, it was only $3 billion.
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