A recent study finds that Cash for Clunkers delivered a double-whammy to the economy, but not in a good way. Not only did it cost the auto industry $3 billion it cost taxpayers $3 billion. This is how Democrats “help” the economy.
The government’s “Cash for Clunkers” program – pitched as a plan to jump-start U.S. auto sales and clean up the environment by getting gas-guzzling vehicles off the road — may have been a clunker itself, according to a new economic study.
Researchers at Texas A&M, in a recently released report, measured the impact of Cash for Clunkers on sales and found the program actually decreased industry revenue by $3 billion over a nine-to-11-month period. Meanwhile, the “stimulus” also cost taxpayers $3 billion. (Read More)
Study Finds Cash For Clunkers Decreased Industry Revenue By $3 Billion
#tcot #pjnet http://t.co/BEJtGklpgn via @lonelycon
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Study Finds Cash For Clunkers Decreased Industry Revenue By $3 Billion http://t.co/4JIhhYURwq #tcot
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[…] Destruction The Jawa Report: ISIS Not As Fond Of Death As They Advertise The Lonely Conservative: Study Finds Cash For Clunkers Decreased Industry Revenue By $3 Billion This Ain’t Hell: Amnesty International’s Poor Timing Weasel Zippers: Pope Calls For […]
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Study Finds Cash For Clunkers Decreased Industry Revenue By $3 Billion http://t.co/S7Id1i8rxO
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Most definitely. I worked for a car dealer at the time, and what it did was take lower cost quality vehicles out of the market. Plus lots of higher cost vehicles out of the market.
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Study Finds Cash For Clunkers Decreased Industry Revenue By $3 Billion http://t.co/TPwWVj86y1 via @lonelycon
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[…] Additional evidence of it’s failure continue to come in years later. The latest Cash for Clunkers evidence comes to us courtesy of the Lonely Conservative… […]
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TLC: Study Finds Cash For Clunkers Decreased Industry Revenue By $3 Billion. Gee, thanks, Barry http://t.co/1s5J0Oo6La
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Another brilliant Obama/Democrat program - Study Finds Cash For Clunkers Decreased Industry Revenue By $3 Billion
http://t.co/6pk9KB6GDM
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Study Finds Cash For Clunkers Decreased Industry Revenue By $3 Billion | The Lonely Conservative http://t.co/DeHA5D8jhM
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[…] Study Finds Cash For Clunkers Decreased Industry Revenue By $3 Billion […]
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