President Obama’s $3 billion centralized “cash for clunkers” program artificially and temporarily stimulated new car sales while destroying 690,000 good used cars that could have been sold on used car lots to people who were not willing, or able to buy a new car.
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President Obama’s $3 billion centralized “cash for clunkers” program artificially and temporarily stimulated new car sales while destroying 690,000 good used cars that could have been sold on used car lots to people who were not willing, or able to buy a new car.
You can sum it all up in one quote from Charles Krautheimer:
"This presidency is a failure."
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