Cash for clunkers mostly hurt the working class as it resulted in higher used car prices (and higher financing costs due to compound interest effect on higher p

Cash for clunkers mostly hurt the working class as it resulted in higher used car prices (and higher financing costs due to compound interest effect on higher prices + higher interest rates for used cars). Unfortunately, in the USA, you can't get to work (or even purchase groceries) without a vehicle with the exception of a few places.