Filed under: Forecasts, Politics, Recession

The much-maligned federal government’s ‘cash-for-clunkers’ program, is, nevertheless, stimulating the U.S. economy.

True, it may take new cars sales that would normally occur in 2010 and bring them forward to 2009, but that fact, combined with the extra customer traffic the program has created in the nation’s auto showrooms, has bumped up auto sales — providing a slight tailwind for the U.S. economy.

Continue reading How about a federal ‘cash for clunkers-appliances’ program?

How about a federal ‘cash for clunkers-appliances’ program? originally appeared on BloggingStocks on Tue, 18 Aug 2009 18:30:00 EST. Please see our terms for use of feeds.

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