Liberty vs. Leviathan

Chronicling Liberty's battle against Leviathan

Cash for Toyotas

The Financial Times reports that Cash-for-clunkers [has] boost[ed] Japanese car sales. Is it any surprise?  With a decades long quality and image problem compared to imports, the government buyouts can do nothing but make matters worse in this regard for GM and Chrysler. The rational consumer knows exactly where to put new money.  Just one of many “unseen” consequences.

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