March 24, 2010
Well, if you think moving lots of money from productive uses to non productive uses (out of the pockets of consumers to purchase and destroy cars) is success, then Cash for Clunkers worked! Because it didn’t have any other positive effect.
Eventually, we’ll learn. The question is whether it will matter when we do.
About Paul Stagg
Husband, lifter, MBA in Baltimore, MD. Will post about Powerlifting, politics, Classical Liberalism, Economics, building wealth, self improvement, productivity, heavy music, wine, food, beer, and almost anything else.
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