Monday, August 24, 2009

Interesting analysis on 'Cash for Clunkers' $ return

This is the kind of thing I like to see. Critics should put up their own numbers, or shut up.

The "Cash for Clunkers" idea originally came from Germany, where it was very successful, then copied in the UK, France, and USA. Germany is now technically out of its economic recession.

Car dealers have made 489,269 sales under the CfC program as of Friday, August 21. The Dept. of Transportation will shut it down as of Monday, August 24 at 8 p.m., because the extra $2 billion appropriated for it has apparently been used up.


August 15, 2009 | Terella Media, Inc.

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