john mullinax

Cash-for-Clunkers: Another Inane Economic Policy

Your link says that the Cash for Clunkers program is estimated to raise Q3 Real GDP from 1.3% to 2.0%. Not a perfect program, but if the analysis you cite is true it sounds like a hugely effective program. Bottom line: 0.7% Real GDP growth from only $3b investment? Sound's great!

And it's good for the environment, too? If only all the federal programs worked this well.

Ford Is Counting on China

I thought this was a pretty good post until I read this...

"Ford's F-series -- including the all-new Fusion, Edge, Ford GT, Ford Five Hundred, Ford Freestyle and the Freestar -- accounts for a significant portion of the company's total sales volume and profits."

This sentence gives the appearance that you are deeply confused about Ford's business and market position.

To correct a bit: F-series refers to the F-150 and F-250 lines of pickup trucks... *none* of the vehicle models you mentioned are actually included in the F-series family. Also, the Ford GT and the Freestar were discontinued *years* ago. The Ford Five Hundred and the Ford Freestyle were both renamed - also a coulpe years ago - to Ford Taurus and Ford Taurus X, respectively.