[personal profile] tangaroa

"According to Fox News:

The 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.

(no subject)

Date: 2014-08-11 10:25 pm (UTC)
siliconshaman: black cat against the moon (Default)
From: [personal profile] siliconshaman
Wait.. so it worked exactly as intended, replaced gas-guzzling clunkers with smaller fuel efficient modern cars.... and Fox calls it a failure?!

Do we need any more proof that they're completely bonkers and in the pay of Big Oil, or at least, whomever has the most money.
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