Interesting suggestion from economist and former vice chair of the Federal Reserve Alan Blinder:

"Cash for Clunkers is a generic name for a variety of programs under which the government buys up some of the oldest, most polluting vehicles and scraps them. If done successfully, it holds the promise of performing a remarkable public policy trifecta — stimulating the economy, improving the environment and reducing income inequality all at the same time."

What do you all think? Would this work?

Sheila Suess Kennedy's blog | login or register to post comments