Saturday, August 1, 2009

Clunker Success

Yes, the Cash for Clunkers program could have much better environmental standards. But some of the complaining about it misses the point--a bunch of older, junkier cars are now off the road, replaced by newer cars that pollute less, have a slightly better mileage return and, not incidentally, have supported some businesses. These are good things, folks. The Wall Street Journal has some thoughts.

I'm not sure about the content of the gunk poured into the engines to make sure the junks can't be resold, but that's another question for another day.

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