Cash for Clunkers: Does Haste Make Waste?

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Transportation Secretary Ray LaHood says that Cash for Clunkers “has worked better than any other stimulus program that was conceived.”  It started off slowly on the first of July, and then exploded through almost a billion dollars in the past week alone. The House quickly approved another two billion before taking off for vacation, and this week the Senate appears ready to go along.

Credits

Guests:
David Shepardson - Reuters - @davidshepardson, Pete Small - Sales Director, West Herr Auto Group, Jeremy Anwyl - CEO, Edmunds.com, Marc Cannon - Spokesman, AutoNation, Michael Conlon - Counsel, Automotive Parts Remanufacturers Association

Host:
Warren Olney

Producer:
Katie Cooper