Cash for Clunkers-By Math Class Flunkers

``The government’s published estimate is that the program will generate 250,000 sales. However, over the next 90 days, according to Edwards, 200,000 of those low milage clunker cars would have been traded in on new models anyway… without the program… and its billion dollar price tag. And that means the $1 billion program will only generate 50,000 incremental sales, at a cost of $20,000 each!''