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Cash For Clunkers The "Trigger" For Increase In Consumer Confidence: Colorado Automotive Dealers Association

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Cash for Clunkers has been rundown by teabaggers opposing health reform as an example of federal management incompetence. But the program has a lot of fans. In addition to the thousands of consumers who took advantage of the Cash for Clunkers auto trade-in deal, the Economic Policy Institute reports this week that the program has been a boon to consumption in the recession economy and a boon as well for the environment, moving gas guzzlers off the roads. The New York Times likewise did "clunker calculus" this weekend and found the benefits inescapable.

Today, Tim Jackson, president of the Colorado Automobile Dealers Association, sent around an op-ed to state media outlets offering unmitigated praise for the program.

Read the whole story at The Colorado Independent