tag:blogger.com,1999:blog-2113265180583607999.post6187682886515232774..comments2023-05-29T07:03:01.163-04:00Comments on The Bastiat Society: Clunkers, Winners, and LosersBen Asa Rasthttp://www.blogger.com/profile/12774166291436423417noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-2113265180583607999.post-66108562349693668962009-08-10T21:14:21.397-04:002009-08-10T21:14:21.397-04:00Absolutely right.Absolutely right.Ben Asa Rasthttps://www.blogger.com/profile/12774166291436423417noreply@blogger.comtag:blogger.com,1999:blog-2113265180583607999.post-66857106916031940362009-08-10T18:13:39.298-04:002009-08-10T18:13:39.298-04:00Ben,
The "Cash for Clunkers" is the ulti...Ben,<br />The "Cash for Clunkers" is the ultimate example of what Bastiat referred to in his essay "What is seen and what is unseen." Breaking a window, as Bastiat wrote about or destroying a vehicle as the government is doing now to facilitate economic activity leaves society as a whole short the amount spent. In the case of "Cash for Clunkers" it is more dangerous because it is using borrowed money to pay for it and the costs of running the program.Unknownhttps://www.blogger.com/profile/07940508160494980510noreply@blogger.com