May 6, 2021
Through recent experiences in finding a used car, and the current political push to get people out of gas-powered cars and into electric vehicles, I dug into the history of the Cash for Clunkers program from 2009 and see how it compares to today's current push.
https://www.cbsnews.com/news/cash-for-clunkers-did-it-work-51333886/
https://money.cnn.com/2009/08/20/autos/cash_for_clunkers_end/
https://money.cnn.com/2009/07/29/autos/clunker_tips/index.htm
https://fee.org/articles/cash-for-clunkers-was-a-complete-failure/
https://obamawhitehouse.archives.gov/blog/2010/04/05/did-cash-clunkers-work-intended
https://hbr.org/2009/08/how-cash-for-clunkers-failed-a
https://www.bostonherald.com/2021/02/27/lifting-the-veil-on-electric-vehicle-subsidies/
THE CURRENT STATE OF ELECTRIC VEHICLE SUBSIDIES: ECONOMIC, ENVIRONMENTAL, AND DISTRIBUTIONAL IMPACTS
https://strata.org/pdf/2017/ev-full.pdf
https://www.fool.com/investing/2020/04/07/auto-loan-market-meltdown-stocks-get-burned.aspx
https://en.wikipedia.org/wiki/General_Motors_Chapter_11_reorganization
https://time.com/82953/general-motors-bailout-cost-taxpayers-11-2-billion/
https://www.reuters.com/article/us-climate-change-carbonpricing-europe-t-idUSKBN2840MV
https://en.wikipedia.org/wiki/1973_oil_crisis
Grumpy Old Bens episode:
http://grumpyoldbens.com/2021/05/03/episode-157-streaming-satoshis/