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Back to Which Way, L.A.?

Which Way, L.A.?

Cash for Clunkers: Does Haste Make Waste?

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.

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By Warren Olney • May 12, 2014 • 1 min read

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.

  • https://images.ctfassets.net/2658fe8gbo8o/AvYox6VuEgcxpd20Xo9d3/769bca4fbf97bf022190f4813812c1e2/new-default.jpg?h=250

    Warren Olney

    former KCRW broadcaster

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    Katie Cooper

    Producer, 'One year Later'

  • KCRW placeholder

    David Shepardson

    Reuters

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    Pete Small

    Sales Director, West Herr Auto Group

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    Jeremy Anwyl

    CEO, Edmunds.com

    News
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