Ideas are light baggage: Scrappage scheme crosses Atlantic

From the Strib: House OKs 'cash for clunkers' plan to boost auto sales

By KEN THOMAS , Associated Press
Last update: June 9, 2009 - 8:05 PM

WASHINGTON - The House on Tuesday approved a "cash for clunkers" bill that aims to boost new auto sales by allowing consumers to turn in their gas-guzzling cars and trucks for vouchers worth up to $4,500 toward more fuel-efficient vehicles.

The problems with this bill are obvious (it rewards past bad behavior (poor fuel economy)) and has ridiculous cut off points (car got 18 MPG or less, $3500; car got 19 MPG, $0), rewards vehicle ownership, etc.

It is still probably better than bailing out the industry though.

David Levinson

Network Reliability in Practice

Evolving Transportation Networks

Place and Plexus

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This page contains a single entry by David Levinson published on June 10, 2009 7:54 AM.

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