An Analysis of The US Government’s ‘Cash for Clunkers’ Program
Thursday, June 3rd, 2010During the summer of 2009, the US government operated an economic stimulus program called Cash for Clunkers (C4C). The objectives of this program were to provide an immediate economic stimulus to the US economy, which was currently in recession, and encourage the replacement of inefficient vehicles for efficient ones in the private US transportation fleet, [...]
During the summer of 2009, the US government operated an economic stimulus program called Cash for Clunkers (C4C). The objectives of this program were to provide an immediate economic stimulus to the US economy, which was currently in recession, and encourage the replacement of inefficient vehicles for efficient ones in the private US transportation fleet, thus reducing overall fuel consumption on a national level. In addition, the government championed an expected reduction in pollution, especially smog forming emissions and greenhouse gases. An analysis summary of this program in meeting these goals based on the information available in September 2009 just after conclusion of the program follows in this article. You can download the full report here (pdf). Read the rest of this entry »



















