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"One year later, Cash for Clunkers was still a dumb, economically harmful idea." From Bubble Meter: IN THE market for a used car? Good luck finding a bargain: The price of ?pre-owned?? vehicles has climbed considerably over the past year. ... No great insight was needed to realize that Cash for Clunkers would work a hardship on people unable to afford a new car. ?All this program did for them,

Full post as published by Lex Communis on October 25, 2010 (boomark / email).

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