Just how effective is Cash for Clunkers?
August 6, 2009 • Linked Goodness • Comments
So I was standing in the grocery store the other day with my mother. Somehow the topic of Cash for Clunkers got brought up. I was thinking to myself, “I wonder how many folks have taken part in the program thus far.” Looks like I have a number. 240,000. That’s a metric shit ton of cars that have to be completely destroyed.
I hate to link to anything related to Time.com but they have a decent article explaining some of the numbers involved and how this program is likely to have little to no real world benefits. I can’t wait to see more people on their Sunday drives… to the nearest three Walmarts to do price comparisons on Pillsbury crescent rolls.
Source: Cash for Clunkers: How big an environmental boost? [Time.com]