Watch Barack Obama Destroy Our Country’s Wealth
Posted August 25th, 2009 at 12.42pm in Energy and Environment.
Yesterday we linked to analysis from Naval Postgraduate School Associate Professor David Henderson detailing how the Obama administration’s Cash for Clunkers program destroys, on average, $3,450 of our country’s wealth every time a car is destroyed through the program. Today, Capital University Law School professor Brad Smith brings us videos of seven perfectly good cars all being sacrificed in the name of Obama’s “stimulus.” Watch:

August 25, 2009 Randy, NV writes:
Personally, I’m glad to have these things off the road.\
Your post is misleading. These cars aren’t just being thrown into a compacter. The good parts are being reused as spare parts for other vehicles.