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moneyning.com - 8/3/2009
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What’s the deal with the Cash for Clunkers Program? Within four days of starting, the program’s $1 billion dollar funding is already depleted. Then the next day, the house quickly rushed together another bill to add an additional $2 billion funding to be voted on this week. Since ...
econbrowser.com - 8/2/2009
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econbrowser.com —
A victim of its own success? One of
the more embarrassing features of the New Deal was...
the Agricultural Adjustment Act of 1933, which paid farmers to slaughter livestock and plow up good crops , as if destroying useful goods could somehow make the ...
(more)
Cash for clunkers
online.wsj.com - 7/31/2009
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online.wsj.com —
Associated Press A car in a dumpster is
used to promote the government's cash-for-clunkers program at a...
Vermont auto dealership on Monday.
(more)
Government's 'Cash for Clunkers' Program Runs Out of Gas ...
researchreloaded.com - 8/5/2009
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researchreloaded.com —
Economic Heroes? With "Cash for Clunkers", the
US is simply using a part of its productive...
energy to go and destroy productive assets. While luckily a drop in the bucket, it is actually destroying value, perversely with the ...
(more)
More on Cash for Clunkers as the Broken Window Fallacy
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