Aug 2, 2017 ... The strange tale of how Cash for Clunkers backfired on America. ... The Obama  administration accidentally accelerated the Corolla ... And then came the great  Keynesian experiment known best as “cash for ... The program did boost short- term spending—but not much. .... Quartz · OUT OF RUNNING ROOM ...
It's warmer on Mars than it is in parts of the United States and Canada during ...  The Obama administration "spent more money on the Cash for Clunkers program  ...
Aug 11, 2014 ... The government's "Cash for Clunkers" program – pitched as a plan to ... for up to  $4,500 in cash to be used toward the purchase of a more ... They found buyers  who participated "spent an average of $4,600 less on a new vehicle than ... $2  billion when the program ran out of money a month after it started ...
Apr 5, 2010 ... ... President Obama signed into law the Car Allowance Rebate System (CARS, ...  Critics of the CARS program argued that it would have little ultimate ... at an  annual rate, much higher than the 9.6 million pace in the three ... Stimulating  spending by such people is very nearly the best ... The Administration.
Oct 30, 2013 ... The think tank says the program was an expensive stimulus that did little to ... As  a job creator, the Obama administration's Cash for Clunkers program was ... job  is created for every additional $95,000 spent on unemployment benefits. ... by  bringing in more than 900,000 customers to automotive showrooms ...
The Obama administration "spent more money on the Cash for Clunkers program than the space program."