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Cash for Clunkers: Where Did All the Money Go?

Dec. 17, 2009, 12:30 p.m., Posted by Knight Foundation – 0 Comments

Dante Chinni, project director for the Knight-funded Patchwork Nation, released a report showing which groups got the cash in the government's cash for clunkers program. Based on federal data, the nearly 700,000 cash-for-clunkers transactions took place in and benefited three community types: 'Monied 'Burbs,''where the educated and wealthy live; 'Boom Towns,' the growing and diversifying'communities, and 'Campus and Careers,' where the young and collegiate people live.

Communities with high populations of African-Americans or with socially conservative counties saw fewer benefits.

--'Marly Falcon, Knight Foundation contributing blogger

 

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