I would like to know where the bleeding-heart outcry is over the Cash for Clunkers program. Aside from the centuries of economic theory that show why it may be, as economist Chris Edwards suggests, the dumbest program ever, where’s the outrage over destroying materials that could be of so much value to our nation’s poor?
There are thousands of poor people in this country, and even more in Mexico, who are struggling to get by. Many of them drive old, beat-up jalopies that break down regularly, and many can’t afford cars at all.
And then the government introduces a program that results in the destruction of millions of dollars worth of perfectly good vehicles. Now, I understand that the whole point of the program was to get those cars off the road to lower carbon emissions and nudge a culture into purchasing smaller cars. But do the planners in Washington really think that a program that lasts a couple of weeks will result in an overall worldwide decline in carbon emmissions? Is there that much hubris floating around in the Potomac?
So was it worth the publicity stunt to revoke vehicles from the hands of the poor?
Go ahead and watch this perfectly good trunk get demolished, and you decide if it could have served a better purpose in the hands of a struggling American.
HT Doug Mataconis for the video