Cash-For-Clunkers Massively Distorted GDP
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Cash-For-Clunkers Massively Distorted GDP
By Vincent Fernando
If anyone mentions the just-released 3.5% U.S. third quarter GDP growth, just throw this chart in their face. Cash for Clunkers clearly distorted the U.S. economic figures in an unsustainable fashion.
Continue reading Chart of The Day: Cash-For-Clunkers Massively Distorted GDP
