Cash For Clunkers Was Massive Corporate Welfare

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It's too bad that we haven't learned our lessen yet,

You can't buy your way out of a recession that you bought yourself into.

The age of a consumer based economy has been over for 40 years. We have been living in a debit based economy and China is buying!

In the world system, remember the golden rule. He who has the gold makes the rules.

joe of CA 9:42AM October 11, 2009

Problem is, with modern lobbying, EVERYTHING passed out of Congress is usually corporate welfare---one way or another. If, for any reason, a bill is proposed that is not corporate welfare, you'll see super-slick ads on TV against it before it is even enacted.

Muser of NM 3:52PM October 08, 2009

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Capital Commerce

Capital Commerce

U.S. News business reporter Matthew Bandyk examines the issues, people, and debates that shape the nexus of political and economic life in the nation's capital.

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