Or is it???
The Cash for Clunkers program costs taxpayers $24000.00 per car taken in.
http://money.cnn.com/2009/10/28/autos/clunkers_analysis/
The White House criticized Edmunds.com for exposing the cost to taxpayers and the Edmund’s report also exposed that the implementation of the Cash for Clunkers program caused a reduction in over all car sales.
Way to go ! The program increased taxpayers debt and helped to slow down what little economic recovery we have going on in one fell swoop – nice job!