The Cash for Clunkers program is ending on Monday. Although a lot of people took advantage of the government subsidy to trade in their low gas-mileage car for a more fuel efficient one, many seem to have done so with a good dose of regret and a whole lot of anthropomorphizing. Here’s a guy, for [...]

Before the Cash for Clunkers program got under way, many bloggers wrote about its  imminent failure. The title of a typical clunker-debunker post read something like  “Why ‘Cash For Clunkers’ Won’t Work” and went on to elucidate the failed logic of attempting to incentivize the lemon-driving population.
As it turned out, eager recipients of the $3500 [...]