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Tuesday, June 9, 2009

Cash for Clunkers is a Joke

Owners of sport-utility vehicles, pickup trucks or minivans that get 18 mpg or less could receive a voucher for $3,500 if their new truck or SUV is at least 2 mpg higher than their old vehicle. The voucher would increase to $4,500 if the mileage of the new truck or SUV is at least 5 mpg higher than the older vehicle. Consumers could also receive vouchers for leased vehicles.

Wall Street Journal

Pure corporate welfare that will do nothing to protect the planet.

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