Tuesday, August 04, 2009

"Cash For Clunkers" is not adding up

Steven Levitt notes that if you divide $1 billion by $4,500 subsidy per car purchase, it's a lot more than the 125,000 cars sold in the first week of the program.

And people want government run healthcare because we'll spend less?

I guess if we keep taxes and deficits behind the curtain.

And monkeys could fly out of ...

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