[bambax]

> the fallacy that destroying things stimulates the economy (yes, some people actually believe this)

"Cash for clunkers": did it work?

[jpadkins]

for what definition of "work"?

increase economic activity: yes make society wealthier: no make used cars more expensive for poor people: yes increase jobs in the auto industry: no pull auto industry profits from the future forward: yes create new long auto industry term profits: no