We have seen the future, and it sucks.

Obama’s ‘Cash for Clunkers’ Unleashed ‘Environmental Nightmare’

6th January 2013

Read it.

In a classic tale illustrating the “law of unintended consequences,” a new report concludes that President Barack Obama’s $3 billion “Cash for Clunkers” taxpayer-funded boondoggle artificially drove car prices up, not down, and unleashed an “environmental nightmare” through shredding, not recycling, many of the 690,000 cars people traded in for an up to $4,500 car credit.

My, what a surprise! Aren’t you surprised? I’m sure surprised.


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