"Anyway, a retrospective analysis shows that it wasn't a terribly worthwhile
program. It seems to have influenced the timing of purchases rather than
stimulating new purchases and it took a lot of ok cars off the road that has
since resulted in higher prices in the used car market due to lower supply."

Believe it or not, critics were actually using these exact arguments while
the program was going on.


J

-

No man's life, liberty, or property is safe while the legislature is in
session. - Mark Twain

The artificial aristocracy is a mischievous ingredient in government, and
provisions should be made to prevent its ascendancy. - Thomas Jefferson


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