From Newsmax:

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.

Moreover, the $3 billion program cost an average of $24,000 per additional car sold, according to an analysis by automotive consumer researcher Edmunds.com.

Nearly 690,000 vehicles were sold during the program

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