Jumat, 07 Agustus 2009

‘Cash for Clunkers’ cheated some who really needed it

I’ve heard enough about the “Cash for Clunkers” law to give it a “C-minus.”The only reason it did not fail completely on the report card was because some consumers and companies used it to trade in a real clunker in the name of efficiency.In this economy, who could blame someone for trading in a 1999 Jeep with 150,000 miles on it for the $4,500 rebate.This law gets a C-minus because of what
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