Cash for clunkers drives up used car prices

Why? Because the 'used" cars that were turned in for the Cash for Clunkers (many of which were not clunkers) had to be destroyed. Read Houston over at Gateway Pundit:

Now a report on Edmunds Daily, a car shopping advice service website, is saying that used car buyers are seeing an average of $1,800 more on their purchases. On larger-sized autos it’s even higher.

Now middle and lower class Americans are almost $2,000 behind before they even decide to try and buy a used car.

Once again we see that Barack Obama is murder on the wallets of America’s middle and lower classes. Everything he does costs honest, average citizens thousands of dollars lost from their family income.

If you'll recall, perfectly good cars were destroyed as part of the program. Here's an example: