Clunk Confirmed:
A new paper in The Economists' Voice concludes that the costs of the "cash for clunkers" program exceed the benefits by approximately $2000 per vehicle. Meanwhile, September auto sales are plummeting, leading to estimates the monthly total will be the lowest in nearly three decades.
Related Posts (on one page):
- Clunk Confirmed:
- Clunk . . . Crash?
- Clunkers without Cash:
- Clunk in the Dark:
- Clunk: