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Clunkers program = failure?
Monday, September 21, 2009Another bailout is going crump. The cash for clunkers is starting to look like a failure. It merely sucked fall sales forward and the slump is back on.
All of these bailouts are a waste of time since they are aimed at the same thing: a revival of the debt-fueled economy. The only program with potential is debt retirement for the middle class.
The immediate remedy involves: simpler and easier ba...
Original article from http://globalguerrillas.typepad.com/johnrobb/2009/09/clunkers-program-failure.html
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