Campbell talks Cash for Clunkers with Fox News
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cash for clunkers is not a good idea because it adds another 2 billion dollars of government spending, if they wanted to fund this program they should have used out of a separate program such as from the stimulus package or something else, not more government spending
quest8899 2 years ago
In the end, it's not clear that Cash for Clunkers will actually help the auto industry that much. We're going to have a couple months of stellar car sales, and then it's going to drop back to normal. The auto makers aren't going to open new factories just to handle a couple months of higher demand.
eyv 2 years ago
Campbell is wrong. Cash for Clunkers is hurting the economy.
Cash for Clunkers is like Bastiat's "Broken Window Fallacy". People who think that destroying running cars is a great idea also think that wars and hurricanes have a silver lining because economic activity also increases.
There are many unintended consequences. The $3 billion to fund Cash for Clunkers could have been better spent on other things.
TranCendenZ 2 years ago
Fox thinks Campbell is a Democrat?
JohnRhysMusician 2 years ago