Cash for Clunkers has been a thrilling moment for advocates of expanded government, who say it proves what we can accomplish when our leaders put their minds to it. They are absolutely right. The program proves the federal government is unsurpassed at two things: dispersing money and destroying things.
Of course, it already proved that in Iraq. But for sheer rapidity of confirmation, this program is hard to beat. Cash for Clunkers managed to go through a billion dollars in about four days, vaporizing a fund that was supposed to last until Halloween.
Steve Chapman, “The Real Clunkers in this Deal: Why ‘cash for clunkers’ is a terrible idea”, Reason Online, 2009-08-10
August 10, 2009
QotD: “the federal government is unsurpassed at two things”
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