Posts Tagged ‘federal stimulus’

Federal Clunker Program Cost Lots of Cash


Wednesday August 27th, 2014   •   Posted by K. Lloyd Billingsley at 7:07am PDT   •   1 Comment

“The 2009 federal Cash for Clunkers program is often hailed as a success because it jump-started new-vehicle sales,” notes Kathleen Pender at sfgate.com, “but a new study says it actually cost car dealers $3 billion in lost revenue because its fuel-efficiency requirement caused people to buy cheaper cars than they would have otherwise.” The new…
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Fed Energy Plan Good Car-ma for Tesla Boss


Monday January 7th, 2013   •   Posted by K. Lloyd Billingsley at 7:54am PST   •   10 Comments

Millions of Americans are bracing for fiscal cliff fallout, looking for jobs, postponing purchases and cutting back on spending. Not so Elon Musk, CEO of Tesla Motors. As the Los Angeles Times noted, Mr. Musk just plunked down $17 million for a 20,248-square-foot Bel-Air mansion with a gym, seven bedrooms, 10 bathrooms, tennis court,…
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Voters Believe Federal Spending Cuts Unlikely


Friday January 4th, 2013   •   Posted by K. Lloyd Billingsley at 3:09pm PST   •   1 Comment

Most American voters want to see the federal government make spending cuts across the board, but those same voters doubt such cuts will take place, according to a recent Rasmussen Poll. The survey found that only 39 percent of likely voters think it is somewhat likely that government will significantly reduce spending while 57…
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Shovel-Ready Stimulus Sightings


Tuesday November 16th, 2010   •   Posted by Robert Higgs at 4:31pm PST   •   1 Comment

A funny thing happened on the way to the voting booth: Americans discovered that most federal “stimulus” funds were being used to stimulate government, not the economy. I was on the road recently, driving from my home in southeast Louisiana through a long stretch of Mississippi to Tuscaloosa, Ala., then to the outskirts of…
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