First Principles

In search of the Unified Theory of Conservatism

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What We’ve Learned from Cash for Clunkers

August 5th, 2009 · 5 Comments

Obama has declared the program a “success.” But what does that mean?  Consider: Congress authorized $1 Billion for the program, and expected it to last until November.  It didn’t make it past the first week of August.  This is an important thing to consider when considering the President’s own spending and deficit projections. That first […]

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