Fore! Cash for Clunkers Hits the Links

Nicolas Loris /

This is not a new story from the Wall Street Journal, but certainly one worth noting:

“We thought cash for clunkers was the ultimate waste of taxpayer money, but as usual we were too optimistic. Thanks to the federal tax credit to buy high-mileage cars that was part of President Obama’s stimulus plan, Uncle Sam is now paying Americans to buy that great necessity of modern life, the golf cart. (more…)