Nancy Gibbs of TIME is not ready to trash the program, even though she spells out the following flaws in the first paragraph of her latest column:
[T]he most popular government program in years is an economically dubious, environmentally negligible, politically lazy handout from 99% of the population to the other 1%. ?
Yet Gibbs declares in the final paragraph that the $3 billion in clunker payments could end up looking like ?the smartest money Washington spent all year.? What does that say about the rest of the government?s spending?
