August 01, 2009

Cash for Clunkers = Wealth Destruction

Why is the government incentivizing the public to destroy perfectly good vehicles and then go into debt buying brand new ones? How could this possibly help our economy?

I discussed many of these issues back in April in my blog “Americans Don’t Need New Cars!”

Subscribe to Taki’s Magazine for an ad-free experience and help us stand against political correctness.


Sign Up to Receive Our Latest Updates!


Daily updates with TM’s latest