Some NSFW language
I don’t want to go off on an economics rant about the broken window fallacy called Cash for Clunkers, so I’ll just post a few videos of the program in action and let you draw your own conclusions.
Update: In case you’re unaware what these videos are all about… the dealerships that accept the “clunkers” in a Cash for Clunkers deal are required to destroy the motor by replacing the oil with a sand/water mixture. That’s what these videos are documenting, the purposeful destruction of automobile engines as was required by the Cash for Clunkers law.
“Society loses the value of objects unnecessarily destroyed,” and at this aphorism, which will make the hair of the protectionists stand on end: “To break, to destroy, to dissipate is not to encourage national employment,” or more briefly: “Destruction is not profitable.”
– Frédéric Bastiat
Suzanne, this one’s for you: