And now, even the WaPo opinion section has to admit, that cash for clunkers was beyond imbecilic.
When the Obama administration first proposed its “cash for clunkers” plan in 2009, the reaction was generally favorable. Congress would spend $2.85 billion to encourage drivers to swap their old gas-guzzlers for newer, more fuel-efficient cars.
The program had something for everyone: It would lend a hand to the ailing U.S. auto industry. It would tamp down