March 04, 2010


Your tax dollars at work..

A 15 mpg clunker that travels 12,000 miles a year uses 800

gallons of gas a year.

A 25 mpg vehicle that travels 12,000 miles a year 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 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 $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 we saved.

I'm pretty sure they will do a great job with our health care, though.

Nuf said.

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