This topic focuses on the U.S. financial markets. We periodically cover international markets.
Auto Industry
Cash for Clunkers Part II: Too Big to Run?
It was only a few weeks ago and the excitement of getting taxpayers to help one buy a more “Green Car” got the public to run out and buy a car.
The program deemed a success by the Obama Administration, did inspire auto sales, although most of it was foreign car sales.
The “Cash for Clunkers” program was supposed to end in 3 months, not 3 weeks.