"Economists and members of Congress are now on the prowl for new ways to stimulate spending in our dreary economy. Here’s my humble suggestion: Cash for Clunkers, the best stimulus idea you’ve never heard of.
Cash for Clunkers is a generic name for a variety of programs under which the government buys up some of the oldest, most polluting vehicles and scraps them. If done successfully, it holds the promise of performing a remarkable public policy trifecta — stimulating the economy, improving the environment and reducing income inequality all at the same time. Here’s how."
Okay, you've got the gist. Find out how it works, though registration may be required. Someday The New York Times will grow a (cyber)brain.
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