Is 'cash-for-clunkers' all it's cracked up to be?
China Daily | Updated: 2009-08-06 08:08
|
Conservatives and environmentalists have questioned the effectiveness of the 'cash-for-clunkers' scheme. Bloomberg News |
WASHINGTON: The populist "cash-for-clunkers" program has quickly become the poster child of the economic recovery, bringing out shoppers in droves to help the struggling auto industry and provide a vital boost in consumer spending.
Photo
