"The United States government's "cash for clunkers" program exemplified ... It's insane to think that destroying perfectly good and valuable assets, cars that people can drive, will help save our economy. This program is digging our economy into a deeper hole that we will never be able to dig out of. We do not have an automobile crisis in the U.S., the average American household already has 2.3 cars.... By artificially boosting car sales, the government is prevented the free market from cleaning out the excesses in the industry." - Costing 10's of billion$ to the economy
Watch full of Unintended Consequences here by inflation.us
