As the Cash 4 Clunkers Nightmare has just ended, I thought I would try to explain exactly why it will ruin more of our economy. For some reason it has been really difficult to explain how economics work to liberals. They either are really really ignorant or they just don't care. So although I know the video is long, it looks at every aspect of how bad this program is.
This program will no doubt destroy the auto industry even further, then maybe we will just bail out the car dealers too huh?
If you think I am wrong please post in the comments with why, and not just dumb comments like "you're wrong". Present some facts.