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A comment on Obama Forgives Student Debt Of 400,000 Americans. Parent comment

Re:Obama Forgives Student Debt Of 400,000 Americans by powertower on Wednesday April 13, 2016 @07:45PM (#11493280)
The first link provided above is a Google search URL for the terms "cash for clunkers cost".

Those are article quotes from the front page results.

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Re:Obama Forgives Student Debt Of 400,000 Americans by SteveLAnderson on Thursday April 14, 2016 @06:10PM (#11500725)
On the one hand a detailed report and the other a bunch of random quotes.

I think I'll trust Brookings.

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Re:Obama Forgives Student Debt Of 400,000 Americans by powertower on Thursday April 14, 2016 @08:16PM (#11501227)
Those quotes have details behind them. Such as that sales where mostly all shifted in from the future, less cars where sold overall (hurting the industry), the fuel economy savings resulted in mere single-digit days of gasoline saved over the lifetime of the vehicles sold, and a bunch of other not so great things.

Either way, the Brookings report ends with this quote - "In the event of a future economic recession, we would not recommend repeating the CARS program."

There is a reason for that.

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