U.S. Vs Europe: Cash For Clunkers

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Recessions throughout history have led to government action intended to help. A primary example from today’s slowdown are “clunkers” programs, which amount to government subsidies for buying new, more fuel efficient cars from troubled auto makers. Since clunkers programs have been in effect for a while now, we thought it was time to rank the American and European programs – and declare a winner.

Five important criteria have been used for the ranking process below. Let us know what you think in the comments.

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