Whoops—'Cash for Clunkers' Actually Hurt the Environment »

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Back in 2009, President Obama’s “Cash for Clunkers” program was supposed to be a boon for the environment and the economy. During a limited time, consumers could trade in an old gas-guzzling used car for up to $4,500 cash back towards the purchase of a fuel-efficient new car. It seemed like a win for everyone: the environment, the gasping auto industry and cash-strapped consumers. Source Main page (current trends)

More about: Cash For Clunkers, Clunkers, President Obama, the Environment

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