My post on the Cash-For-Clunkers program can be found here. I felt that a list of the unintended consequences should be posted separately, so here they are… Our Losses A perfectly good asset is destroyed. New car prices go up,… Read More ›
recession
When will we be happy to pay too much?
This morning on CNBC there was a report on consumer spending and Wal-Mart reporting better than expected earnings. To my surprise Target is also doing very well. Target carries nicer/more expensive product that Wal-Mart but cheaper than other higher end… Read More ›
Cash for Clunkers: A Program to Scrap
Hot off the bad idea assembly line, and direct from the unintended consequences warehouse, our government has cobbled together yet another ridiculous idea in their drunken stumble of an effort to revive the economy. So let’s consider what is really… Read More ›
Angrywoodchuck's Blog 