Obama Admin Paid Americans to Scrap 680,000 Cars. Is Today’s Car Market Suffering the Consequences?

Remember Obama's 'Cash for Clunkers'? Used Car Buyers Still Suffer Due to Dems' Short-sightedness

Obama's 2009 Cash for Clunkers reduces used car supply, raising costs and auto debt in 2026.

Obama Regime Paid Americans to Scrap 680,000 Cars — Are Today's Would-Be Car Buyers Suffering The Consequences?

(The Daily Caller)—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 in exchange for […] The post Obama Regime Paid Americans to Scrap 680,…

Obama Admin Paid Americans To Scrap 680,000 Cars. Are Today’s Would-Be Car Buyers Suffering The Consequences?

Obama’s Cash for Clunkers program scrapped nearly 680,000 vehicles in 2009. New data show affordable used cars are becoming increasingly scarce.

Obama admin paid Americans to scrap 680,000 cars. Is today’s car market suffering the consequences?

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 […]