Tuesday, 3 November 2009

Moneynews

Breaking News from Moneynews.com

Report: Cash for Clunkers a Huge Waste


Cash for Clunkers clearly distorted the U.S. economic figures in an unsustainable way, according to The Business Insider, which cites a report from the Bureau of Economic Analysis that indicates GDP growth in the third quarter would have been 1.89 percent, not 3.5 percent as claimed, without government money. 

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