Cash for Clunkers was a 2009 economic stimulus program aimed at increasing new vehicle spending by subsidizing the replacement of older vehicles. Using a regression discontinuity design, we show the increase in sales during the two month program was completely offset during the following seven to nine months, consistent with previous research. However, we also find the program's fuel efficiency restrictions induced households to purchase more fuel efficient but less expensive vehicles, thereby reducing industry revenues by three billion dollars over the entire nine to eleven month period. This highlights the conflict between the stimulus and environmental objectives of the policy.In his overview of the "Cash for Corollas" study, AEI's James Pethokoukis notes that the study contradicts the White House's claim that the program would pull from future car sales to increase current demand and overall car sales.
Steven Salaita's Twitter conduct raised questions...
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Israel just cleared for reporting kidnapping of three teens was assisted by Hamas in Gaza, and Israel had the mastermind in custody for weeks....
Texas' latest pro-life law is back under legal scrutiny, and those contesting its provisions are ready to redefine the meaning of "undue burden."...
The money will go to restocking Israel's Iron Dome, which has been credited with shooting down dozens of incoming rockets fired by Palestinian militants over three and a half weeks of war. The vote came two days after the Pentagon announced ammunition deliveries to the Jewish state and as a planned 72-hour cease-fire between Israel and Hamas unraveled almost as quickly as it began. Efforts in the Senate to approve the money stalled Thursday night after Republican Sen. Tom Coburn of Oklahoma sought cuts elsewhere in the budget to pay for the aid. Earlier, senators attempted to lump the Israel money into a broader spending bill that included border security and wildfire assistance money. That bill failed to get the necessary 60 votes on Thursday, and the House had little interest in it, anyway. Friday's separate Israel bill passed by voice vote.Yet not everyone voted for the bill to provide funding to Israel's missile defense system. Eight members of Congress voted against the bill, four Republicans and four Democrats.
We're good now....
A United States Army major general was killed on Tuesday by an Afghan soldier, shot at close range at a military training academy on the outskirts of Kabul, an official of the American-led coalition and Afghan media reported Tuesday. The officer was the highest-ranking member of the American military to die in hostilities in the Afghanistan war. The coalition official, who spoke on condition of anonymity and would not release the name of the major general, said an unspecified number of other service members of the American-led coalition and Afghan soldiers, including a senior Afghan commander were also shot. Their conditions were not known.Martha Radditz from ABC News reports the American general killed would be the highest ranking casualty of the entire Afghanistan war.
New: Two-star U.S. general killed in Afghanistan attack, official tells @MarthaRaddatz
— ABC News (@ABC) August 5, 2014
Other media reports say many more Americans were injured in the "insider attack."
"Hamas has not taken very kindly to any reporting of its rockets being fired"...
The New Mexico Tourism Department is considering spending $50,000 of its own money to try to bring the production crew of the show, which features one bachelor choosing a potential wife from a pool of 25 women, to Santa Fe.
A rabbi from the Swedish city of Malmo was attacked by men who hurled objects at him from a car and used anti-Semitic pejoratives. Rabbi Shneur Kesselman was assaulted on Saturday night along with a member of his congregation, the Sydsvenskan daily reported Sunday. The attack, which resulted in no physical injuries, came on the heels of vandalism against the southern city’s main synagogue on July 31, when unidentified individuals smashed three of the building’s windows by hurling objects at them.
Palestinian factions agree to 72-hour truce, to begin at 8 A.M. on Tuesday http://t.co/8LsUNv9dTb
— Haaretz.com (@haaretzcom) August 4, 2014
Have been saying throughout the conflict that ultimately the key to a ceasefire in #Gaza lies in Cairo (which supported #Israel all the way)
— Anshel Pfeffer (@AnshelPfeffer) August 4, 2014
I am someone who believes that religious liberty is the country’s founding freedom, the idea that made America possible. I am also a homosexual atheist, so religious conservatives may not want my advice. I’ll give it to them anyway. Culturally conservative Christians are taking a pronounced turn toward social secession: asserting both the right and the intent to sequester themselves from secular culture and norms, including the norm of nondiscrimination. This is not a good idea. When religion isolates itself from secular society, both sides lose, but religion loses more.Jonathan Rauch is a liberal. A gay, atheist liberal who writes for mainstream media outlets. But this article isn't about Jonathan Rauch, and it doesn't matter what he believes. The important thing to glean from articles like this one---even if something strikes a well-tuned nerve---is that there are people out there who aren't as gay, liberal, or faithless as Jonathan Rauch who are noticing these things too.
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