Duh.
The verdict is in, and Cash for Clunkers was a disaster. Obvious that it would be, of course - "the program is so straightforward, so simple, and so obviously a bad idea." The Obama administration "turned window smashing into the only part of their economic stimulus package which seems to be stimulating anything."
But they mean well, and that makes them better and smarter than us racists in flyover country. I'm sure we can trust that they'll get the health-care takeover right, with absolutely no perverse incentives or unintended consequences...
Labels: cash for clunkers, obama, obamacare, obamanomics
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