Former President Barack Obama’s administration paid Americans to destroy nearly 680,000 functioning vehicles in 2009, permanently removing cars from the road as today’s buyers confront a shrinking supply of affordable transportation and mounting auto debt. The $2.85 billion Cash for Clunkers program offered motorists thousands of dollars toward new vehicles...
Former President Barack Obama’s administration paid Americans to destroy nearly 680,000 functioning vehicles in 2009, permanently removing cars from the road as today’s buyers confront a shrinking supply of affordable transportation and mounting auto debt. The $2.85 billion Cash for Clunkers program offered motorists thousands of dollars toward new vehicles…
