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What do you think of this math?

Democratic Party Math 101.
The Cash for Clunkers
a).. A 15 mpg clunker that travels 12,000 miles a year uses 800 gallons of gas a year.
b).. A 25 mpg vehicle that travels 12,000 miles a year uses 480 gallons a year.
a+b=c).. So, the average Cash for Clunkers transaction will reduce US gasoline consumption by 320 gallons per year.
c x 700,000=d).. They claim 700,000 clunkers were turned-in, 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 $80 per barrel costs about $400 million dollars
So, the Obama Adiministration paid $3 billion of our tax dollars to save $400 million. They spent $7.50 for every dollar "we" saved.


Anyone surprised HCR is following suit?

 
Anonymous

Asked by Anonymous at 7:49 PM on May. 11, 2010 in Politics & Current Events

This question is closed.
Answers (11)
  • Liberal Economics = FAIL.
    grlygrlz2

    Answer by grlygrlz2 at 9:13 PM on May. 11, 2010

  • And that's a bad thing? Sounds pretty good to me.
    Anonymous

    Answer by Anonymous at 7:51 PM on May. 11, 2010

  • ^^^^Spending 3 BILLION to save 400 Million is a good thing?  Flunked basic math I see.

    Anonymous

    Answer by Anonymous at 7:53 PM on May. 11, 2010

  • laughingYep these are the geniuses running this country

    Anonymous

    Answer by Anonymous at 7:53 PM on May. 11, 2010

  • Hey, no worries! We tax payers pay the bill, not the gvt.???
    agentwanda

    Answer by agentwanda at 8:33 PM on May. 11, 2010

  • That cash for clunkers deal was awful to begin with!

    My car was a '92 and got 11 mpg and they wouldn't take it because when it was first made in '92 it got 18mpg! Hello people that was almost 20 years ago!
    imamommmmyyy

    Answer by imamommmmyyy at 8:36 PM on May. 11, 2010

  • Not to mention this math didn't even factor in how much fuel was used in the manufacturing and transport of the new cars the old clunkers were traded for.
    Anonymous

    Answer by Anonymous at 8:37 PM on May. 11, 2010

  • And spending that 3 billion really saved the economy, as you can see. *eye roll*
    Anonymous

    Answer by Anonymous at 8:41 PM on May. 11, 2010

  • And the first anon is the type of genius that voted for them.
    Carpy

    Answer by Carpy at 8:53 PM on May. 11, 2010

  • Yep, Carpy. The "new" math is hiding the true cost, promoting it as a success, even when it's obvious it's been a dismal failure.

    Just like the GM lie.
    mancosmomma

    Answer by mancosmomma at 8:59 PM on May. 11, 2010

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