taxpayers paid $24,000 per car

Discussion in 'Politics' started by DCortez, Oct 29, 2009.

  1. DCortez

    DCortez TGT Addict

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    Pocket change you can believe in


    The average rebate was $4,000. But the overwhelming majority of sales would have taken place anyway at some time in the last half of 2009, according to Edmunds.com. That means the government ended up spending about $24,000 each for those 125,000 additional vehicle sales.


    http://money.cnn.com/2009/10/28/autos/clunkers_analysis/index.htm
     


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