Wednesday, November 04, 2009

Truly, a Clunker. recently announced their estimate of the cost to Mr. Taxpayer of the the Obama "Clunkers" auto purchase incentive program. It came in a whopping $24K per vehicle. In related news, the estimated cost per job "saved or created" by this year's Spendulus Bill was at least $390K, based on the spending of $250B to support 640K jobs (source: WSJ).

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