"5) Besides cleansing the U.S. of gas-guzzling pigs, the other supposed benefit of the CFC program is to provide a short-term boost to the starving auto business. However, we hope these legislators don’t expect it to meaningfully help the domestic automakers. Many of the automobiles with fuel-economy ratings high enough to qualify for the vouchers come from Japan and Korea.
On the bright side, the cost to taxpayers will be minimal when no one actually participates."
Wednesday, June 24, 2009
Five Reasons “Cash for Clunkers” is a Joke
Five Reasons “Cash for Clunkers” is a Joke - Car News/Latest News & Reviews/Car Shopping/Hot Lists/Reviews/Car and Driver - Car And Driver:
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