Saturday, May 29, 2010

Cash for Clunkers coming home to roost

Remember when the dumb idea of the cash for clunkers program was implemented? Remember my post about the unintentional consequences of decreased supply of affordable used cars? And because of the limited supply the increase in prices in the future?

Well, the future is now.

See this Kiplinger's.com story

One more dumb idea by the democrats.

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