Fox News Logic
Aug. 11th, 2014 10:03 pmThe government’s "Cash for Clunkers" program – pitched as a plan to jump-start U.S. auto sales and clean up the environment by getting gas-guzzling vehicles off the road -- may have been a clunker itself, according to a new economic study.
As evidence for this conclusion, the article goes on to say that people traded in their big gas-guzzling vehicles for small fuel-efficient cars. In other words, the program worked exactly as intended. Fox calls it a failure because the small cars are also cheaper, so the auto industry made less money than they could have if people were buying big expensive gas guzzlers instead.