PJTV's Joe Hicks - Why Free Money is Bad

Pajamas Media presents Joe Hicks as he explains why the Cash for Clunkers program is, well, a clunker. You and I are now paying for others to go buy a new car. Isn't that special?

Note: The editors of this video included stock footage of Theodore Roosevelt, when Joe Hicks clearly meant Franklin Roosevelt. Another failure of our educational system?