Clunker Math

Old 09-11-2009, 08:23 AM
Senior Member
Thread Starter
oldandtired's Avatar
Join Date: Dec 2008
Location: Sugar Hill, GA
Posts: 1,370
Default 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!)

oldandtired is offline  
Old 09-11-2009, 02:39 PM
Senior Member
Join Date: Sep 2007
Location: orland pk il
Posts: 2,429

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:
MEMRACING62 is offline  
Old 09-12-2009, 09:07 PM
Senior Member
TheYellaBrick's Avatar
Join Date: Mar 2008
Location: Emmett, Idaho
Posts: 7,334

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.......
TheYellaBrick is offline  
Old 09-12-2009, 09:22 PM
Senior Member
Join Date: Jul 2004
Location: Elm Mott, Texas
Posts: 197

I am adding all of you to the list of extremist, of course you will be below me. :lol: :roll:
chrisr is offline  
Old 09-12-2009, 11:40 PM
Senior Member
Join Date: Sep 2007
Posts: 4,143

Has anyone ever pointed this out to OBAMA at a speach or press conference? If so what was his response?
Tod74 is offline  

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Contact Us Archive Advertising Cookie Policy Privacy Statement Terms of Service