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Thread: Clunker Math

  1. #1
    Senior Member RACING JUNKIE
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    Clunker Math

    Cash For Clunkers - A Huge Success!

    *********************************************

    A vehicle at 15 mpg and 12,000 miles per year uses 800 gallons of gasoline a year .

    A vehicle at 25 mpg and 12,000 miles per year uses 480 gallons a year.

    So, the average clunker transaction will reduce US gasoline consumption by 320 gallons per year.

    They claim 700,000 vehicles – so that’s 224 million gallons / year.

    That equates to a bit over 5 million barrels of oil.

    5 million barrels of oil is about ¼ of one day’s US consumption.

    And, 5 million barrels of oil costs about $375 million dollars at $75/bbl.

    Let’s see … we spent $3 Billion to save $375 Million a year (that's a negative factor of 8 to 1).

    And how many new loans will go into default, even though the people had a drivable vehicle?

    Is there any wonder why our government is going broke? You can’t fix stupid!

    (And on 09-09-09 the president repeated his claim of being able to fix Health Care at NO additional cost - SURE!)

    Dave
    Dave
    http://www.racingjunk.com/profile/343797
    "All that is necessary for the triump of evil is for good men to do nothing" Edmund Burke

  2. #2
    Senior Member RACING JUNKIE
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    I was mad as hell watching obama lie his a$$ off in that 40 min speach he made. I would call him worse than a lier. :evil: :evil:

  3. #3
    Senior Member RACING JUNKIE TheYellaBrick's Avatar
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    It's getting time to start impeachment proceedings. In 2010 when We the People clean the house and congress of vermin, Obama will be fired.......
    TRUTH is HATE
    to those who
    HATE TRUTH

    God Bless our folks in uniform
    "We the People, have your backs"
    http://www.racingjunk.com/profile/279898

  4. #4
    Senior Member MASTER BUILDER
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    I am adding all of you to the list of extremist, of course you will be below me. :lol: :roll:
    Wasn't me.

  5. #5
    Senior Member RACING JUNKIE
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    Has anyone ever pointed this out to OBAMA at a speach or press conference? If so what was his response?


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