GOVERNMENT MATH AND CASH FOR CLUNKERS
Think of it this way - A clunker that travels 12,000 miles a year at 15 mpg uses 800 gallons of gas a year. A vehicle that travels 12,000 miles a year at 25 mpg uses 480 gallons a year. So, the average Cash for Clunkers transaction will reduce US gasoline consumption by 320 gallons per year. They claim 700,000 vehicles so that's 224 million gallons saved per year. That equates to a bit over 5 million barrels of oil. 5 million barrels is about 5 hours worth of US consumption. More importantly, 5 million barrels of oil at $70 per barrel costs about $350 million dollars. So, the government paid $3 billion of our tax dollars to save $350 million. We spent $8.57 for every dollar saved.
I'm pretty sure they will do a great job with health care though.....
Typical government program. Just say No to any increase in goverment no matter what the program or good intention
ReplyDeleteThat sounds just like me when I tell my spouse, Look honey, this is how much money I saved, spending money! (after a huge yellow dot sale at herbergers)
ReplyDeletesame math the county and city use when they sue each other
ReplyDeleteHey freddy another good reason to oust good ol boy Mikie Anderson. AKA Pretty Boy
ReplyDeletethis dang stimulas wasteful crap just absoloutly sickens me
ReplyDelete