This Day On Earth

This ill-conceived plan was to serve 3 purposes:

1) Reduce gas usage
2)Reduce pollution
3)Boost car sales

Here’s what it really did:

1) Gas usage will be down approximately 72 million gallons or 4.5 hours of driving for the US…not so impressive
2)Carbon dioxide will be down 700,000 tons or 1 hour of America’s daily emission
3)Auto sales are up, but me thinks that most of the cars sold are imports, and that credit standards have been loosened leading to sub-prime lending (remember the housing problem?)

thisdayonearth Uncategorized auto industry, cash for clunkers, rebates