Give every household $5,000 for a new vehicle, Williamson says; University of Michigan-Flint econ prof says idea won't work

Give every household $5,000 for a new vehicle, Williamson says; University of Michigan-Flint econ prof says idea won't work--The Flint Journal


From the article:

Mark J. Perry, an economics professor at the University of Michigan-Flint, said the idea is fraught with problems.

"One problem is not everyone wants a new car," Perry said. "It doesn't seem very sensible."