• CmdrShepard49@sh.itjust.works
    link
    fedilink
    English
    arrow-up
    4
    ·
    5 days ago

    Cash for Clunkers didn’t really have the negative effects that people purport it to have had. Only 677K vehicles were scrapped out of 246 million in the nation (less than 0.3%). I do agree it was more of a benefit to wealthier people due to the fact that you needed to buy a new car to use it, but what really hurt the poor was the recession happening at the time which drove up the cost of used vehicles since fewer people were buying new.