• The Heritage Network
    • Resize:
    • A
    • A
    • A
  • Donate

    • cash for clunkers

    Is Cash for Clunkers Stimulating the Economy?

    August 3, 2009 at 5:14 pm

    28 Comments

    Alan Greenspan says no: “It’s an interesting issue. I mean, I have qualms about the concept, but there is no doubt that that very extraordinary response is a very important indicator that the state of confidence in the economy is beginning to pick up. If we had been — the … More

    Is This What Passes for Economic “Success” in the Obama Administration?

    August 3, 2009 at 4:12 pm

    24 Comments

    Celebrating the fact that his administration has blown through $1 billion in deficit spending on the “Cash for Clunkers” program in just one week, President Barack Obama said Friday: “I’m happy to report that it has succeeded well beyond our expectations and all expectations.” And just what exactly has the … More

    Clunker Health Care Reform

    July 31, 2009 at 11:38 am

    11 Comments

    The $1 billion “Cash for Clunkers” auto bailout Congress passed last June has run out of cash after one week. The House of Representatives is already readying a bill to pump another $2 billion into the program, setting a new land speed record for expanding foolish programs. There are so … More

    Cash for Clunkers: Victims of Their Own Success?

    July 31, 2009 at 11:05 am

    24 Comments

    Cash for clunkers is working. Too well, in fact. The $1 billion program that offers $3,500 to $4,500 rebates to turn in your old vehicle to purchase a new, fuel-efficient one. The billion dollars is projected to run out much more quickly than previously thought, and while it’s a great … More

    Morning Bell: Cash for Clunkers, A Case Study in Why Obamanomics Will Fail

    July 31, 2009 at 9:40 am

    93 Comments

    If you watch television you’ve seen the ads: “So bring in that old jalopy and get up to $4,500 towards the purchase of a new or select used vehicle. That’s right, get up to $4,500 for that old piece of junk, plus you keep the rebates. You have to hurry! … More

    Cash for Clunkers Should be Called Cash for Auto Industry

    June 16, 2009 at 5:25 pm

    17 Comments

    After passing in the House, the stage is now set for a Senate vote to pass the “Cash for Clunkers” bill that would offer up to $4,500 to trade in a used vehicle for a new one. Although the idea sounds good on paper, we’ve outlined a number of problems … More

    Cash for Clunkers Bill Belongs in the Junkyard

    June 10, 2009 at 12:30 pm

    21 Comments

    Both the Senate and the House of Representatives are seeking to pass “Cash for Clunkers” legislation that would have three primary objectives: increase car sales, improve the environment, and stimulate the economy. The bill would provide consumers with a voucher (up to $4,500) to purchase a new vehicle to completely … More

    Cash for Clunkers is Another Bailout for the Auto Industry

    June 3, 2009 at 10:02 am

    28 Comments

    Today, the Senate could pass a Food and Drug Administration bill that would grant the agency new authority to regulate tobacco products. Slipped into that bill is a newly introduced amendment that would, for one year, attempt to boost car sales and reduce carbon dioxide emissions: Sens. Debbie Stabenow, D-Mich., … More

    View Authors
    The Morning Bell
    Immigration Reform in One Infographic

    The Senate Judiciary Committee approved the Gang of Eight’s immigration bill on Tuesday. It will go to the Senate floor after the Memorial Day recess. Heritage has pointed out the problems with this “comprehensive” approach — including the staggering costs of amnesty and a failure to secure the border. SHARE … More

    More
    More Videos