There was so much so wrong right out of the gate with this program from the get go. Things like hurting used car dealers, the $4,500 rebates being taxable, the program being under-funded leaving dealers stiffed to the point that clunker credits may have to be written off, and oh yeah, Cash for Clunkers looks like it stimulated Japan and Korea more than the U.S.
Ouch. This is change we can believe in. Next up, Healthcare!