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Yes, Taxpayers Paid to Trade Clunkers for Clunkers

In June, when the Cash-for-Clunkers program — which provided a government subsidy to people who traded in older low-mileage vehicles to buy new, supposedly better-mileage vehicles — was humming to the tune of $1 billion, we wrote a piece warning that the program was hardly the environmental benefit its Capitol Hill supporters were claiming. Instead, [...]


Cash-for-Clunkers Gains Support, Thanks to GOP Governors

Sens. Chuck Schumer (D-N.Y.) and Dianne Feinstein (D-Calif.) have found a novel way of punishing the Republican governors who are rejecting stimulus funds for their states: use the money to fund a liberal cause.
According to The New York Times, the two senators are drafting a letter to President Obama suggesting that the $1.7 billion in [...]


Who Said We Would Learn a Lesson From the Summer’s Gas Spike?

This is a couple of days old, but worth a mention: With gas prices dropping ever further in recent months, the country’s fetish for big, gas-guzzling vehicles has returned. According to numbers released last week by Edmunds.com, an automotive analysis Website, trucks and SUVs will outsell cars in December for the first time in nine [...]