To the Point
Cash for Clunkers: Does Haste Make Waste?
Cash for Clunkers has run through almost a billion federal dollars in just ten days. With the Senate poised to come up with another two billion, are taxpayers funding a consumer frenzy that would have happened anyway? Also, Bill Clinton Meets Kim Jong Il in North Korea, and there's more trouble for the Large Hadron Collider, the world’s most expensive and most ambitious machine for studying Physics
By Warren Olney • • 50m ListenCash for Clunkers has run through almost a billion federal dollars in just ten days. With the Senate poised to come up with another two billion, are taxpayers funding a consumer frenzy that would have happened anyway? Also, Bill Clinton Meets Kim Jong Il in North Korea, and after 15 years the world's most expensive machine for studying physics still can't be turned on. What's wrong with Switzerland's Large Hadron Collider and what does it mean for learning about the origin of the Universe?
Banner image: Customers negotiate a deal at a Ford dealership August 3, 2009 in Countryside, Illinois. Photo: Scott Olson/Getty Images
