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Cash for Clunkers: Stimulus or Boondoggle
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| Cash for Clunkers, the federal program that pays $4,500 toward the purchase of certain new cars, is tremendously popular. But as with all government handouts, for everyone who benefits, someone else pays a price. Only a reasoned examination of all of the costs together with the benefits can the balance between the two be evaluated. This article does just that. |
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