CEO, Edmunds.com
CEO of Edmunds.com, a consumer automotive website
PROFILE
Jeremy Anwyl
Guest
FROM Jeremy Anwyl
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. The House quickly approved another two billion before taking off for vacation, and this week the Senate appears ready to go along.
To the Point
Cash for Clunkers: Does Haste Make Waste? Transportation Secretary Ray LaHood says it "has worked better than any other stimulus program that was conceived." Starting slowly on July 1, " Cash for Clunkers " then exploded through almost $1 billion in the ten days. The House quickly approved another $2 billion before leaving for vacation, and this week the Senate appears ready to go along. Auto dealers are ecstatic, but students of car culture say the summer jump in sales would have occurred anyway, without any government subsidy. One skeptic says trade-ins might end up costing taxpayers $20,000 apiece; others complain that past gas guzzling is being rewarded. We look at the unexpected benefits and unintended consequences of CARS.
Recommended
News Special Programming
Governor's Race Debate A debate between Gavin Newsom and John Cox hosted by KQED.
KCRW Features
The Asian American voter in OC In Orange County the population is changing. While the numbers of most ethnic groups have grown slowly over the past 10 years, the number of Asian Americans is up 41 percent since 2010. And don't think the politicos haven't noticed. What kind of impact will Asian American voters have on Orange County's representation in Congress? Will they help keep the county Republican, or could they turn Orange County blue?