William Katz:  Urgent Agenda

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CLUNKERISM - THE SEQUEL - AT 8:28 P.M. ET:  The idea is spreading:

Programs that allow homeowners to trade in their old refrigerators and scoop up a rebate — a sort of “cash for clunkers” system for the fridge — are spreading quickly across the country.

Last week, New Jersey began a statewide program that offers residents a $30 rebate by recycling eligible refrigerators or freezers. Old refrigerators and freezers in Vermont also fetch $30, under a program begun last month.

Pickup is free in both states.

This comes as the Senate passes an extension of the cash for clunkers program, in which Uncle Sam helps you buy a car, and educates you as to which car a decent person would buy. 

What I'd like to see is a program that allows young adults to trade in their degrees from elite colleges for real educations.  Sort of cash for clunkheads.  Never happen.

August 6, 2009