Filed under: Economy, Environment, Progressivism | Tags: Democrat Corruption, Economy, Politics, Socialism
Every time I think that there is not another word to be said about the “Cash for Clunkers” program, another bit of information turns up, demanding to be mentioned:
WASHINGTON — The most common deals under the government’s $3 billion Cash for Clunkers program, aimed at putting more fuel-efficient cars on the road, replaced old Ford or Chevrolet pickups with new ones that got only marginally better gas mileage, according to an analysis of new federal data by the Associated Press.
The single most common swap — which occurred more than 8,200 times — involved Ford F 150 pickup owners who took advantage of a government rebate to trade in their old trucks for new Ford F-150s. They were 17 times more likely to buy a new F-150 than, say, a Toyota Prius. The fuel economy for the new trucks ranged from 15 mpg to 17 mpg based on engine size and other factors, and improvement of just 1 mpg to 3 mpg over the clunkers.
Well, that worked out well. You might want to keep this bit of Congressional competence in mind. It’s not getting better as the bills get bigger.
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