August 25, 2009
Cash for Clunkers: Why not a demolition derby?
It occured to me today that if the Obama administration had any real imagination, they would not have simply immobilized and crushed the "clunkers" traded in as part of the "cash for clunkers" program.
No, a creative impressario would have launched "Obama's Cash for Clunkers Demolition Derbymania!" With state and county fairs going on all over the country in August, we could have had some of the best demolition derbies ever using Obama's "clunker cars." And, of course, using the President's theories, that would have meant still more "stimulus" in ticket sales, corndog and fried cheesecake purchases, and who knows what.
Would that have been popular or what? Another missed opportunity.
Posted by Brad Smith at 09:32 PM in
Economics