BUSINESS
09/03/2009 03:53 pm ET Updated May 25, 2011

The Junk in the Clunk

Sales of platform shoes and other disco era atrocities are lagging. Congress needs to act – now. How ‘bout a Cash for Weejuns program to bring back platform shoes and boost the economy? It would make about as much impact as the Cash for Clunkers program that has now gobbled $1 billion and has the disciples of someone other than Adam Smith in Congress burbling about another $2 billion. Basic question: does Cash for Clunkers goose the economy? Short-term maybe. In July US auto sales rose to their highest pace in 11 months. Toyota (TM) reported a 33% increase ...

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