Archive for October 21st, 2009

Of Cash and Clunkers

Recently, the U.S. Government implemented a “cash for clunkers” program, modeled on a similar deal in England, whereby people buying new cars were given a flat-rate cash refund for trading in – and having junked – their old car. The idea was to get old, unsafe, fuel-inefficient cars off the roads – and, let’s face it, partially subsidize the auto industry.

What I find amusing, though, is that the popular American idea of what constitutes a “clunker” is far, far different from that of other parts of the world.
Read the rest of this entry »

Published in: General | on October 21st, 2009 | Comments Off on Of Cash and Clunkers