According to the findings of three Texas A&M University economics - TopicsExpress

According to the findings of three Texas A&M University economics professors, “Cash for Clunkers” ultimately caused auto industry revenue to shrink by about $3 billion in less than a year The professors issued the results of their research last month in a National Bureau of Economic Research-sponsored working paper entitled “Cash for Corollas: When Stimulus Reduces Spending.” Read more: dailycaller/2014/08/09/obamas-economy-in-action-data-shows-cash-for-clunkers-was-an-epic-debacle/#ixzz3A1ajRogd | Sloppy seconds from G+

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