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Cash for Clunkers Duel: Edmunds vs. White House


Date: 2009-11-02, 10:38PM EST
Reply to: comm-yznqk-1449037310@craigslist.org [Errors when replying to ads?]


"What the report does not mention is that this program involved the allocation of funds to a specified industry that served to boost the government's union constituency, and additionally, the Obama administration set the rules for allowable purchases under strict guidelines that induced the consumer to purchase smaller, more "green friendly" automobiles that conform to its long-term, environmental ambitions. Yet this political redistribution was disguised and sold as a stimulus to the economy."

http://blog.mises.org/archives/010952.asp

PostingID: 1449037310