A big boondoggle that pretty much destroyed the used car and used parts market for years. Poor people were trapped in true clunkers or did without cars do to the increase in price in the remaining available used vehicles.
Thanks Obama, Well off people got a reduction in the price of a new car and others working in the pre-owned industry lost their jobs.
11 posted on 08/08/2014 5:10:30 AM PDT by yuleeyahoo
(Liberty is not collective, it is personal. All liberty is individual liberty. - Calvin Coolidge)