China’s plan to get consumers spending again may be working a little too well. Policymakers’ rollout of subsidies for smartphones, home appliances, cars and a host of other products have spurred a ...

Motzkin went out on the lot to watch as a customer drove up in a really tired-looking old pickup. "A salesman walked up and said, 'Are you here for the Cash for Clunkers program?' He said, 'What ...