Was Cash For Clunkers A Good Move?

When President Obama unveiled Cash For Clunkers, a government program to trade in old inefficient cars at dealerships in exchange for new efficient models, many people applauded the effort for its laudable goals:
- Lowering pollution in the air by having newer, cleaner emission cars taking the place of older cars with worse emissions
- Jump-starting the American auto industry, which had been selling so few cars that dealers, factories, and suppliers were shutting their doors.



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