'Cash for Clunkers' conclusion takes self-serving pap for a spin
November 9, 2009
Frankly, I'm not surprised that the president's Council of Economic Advisers says the "Cash for Clunkers" program has been markedly successful ["How is stimulus doing?" Nov. 5 editorial]. That's called self-serving spin. I'm more inclined to believe a plausibly unbiased source outside the administration. A source such as Edmunds.com, a legitimate auto-industry analyst, which says the program ratcheted up car sales by a modest 17 percent at a cost of $24,000 per taxpayer. Anyone out there who wants to give thanks can find me under the letter "P" for "Patsy."
Jerry Partacz,
Oak Lawn