In What is Viewed as the Crown Jewel of Government Success Stories:
Oh yummy!
Cost to taxpayers for each extra car sold because of Cash for Clunkers: $20,000
Number of clunkers turned in (and taken out of the market): 677,081Price increase for used cars since CfC: 13.7%Change in car sales from July 2009 to February 2010: -0.6%
I’m sure a right-wing partisan hack just made up the chart to suit their own interests. And don’t forget, that all of the funds for this program had to come from somewhere …