Over 16,534,082 people are on fubar.
What are you waiting for?
The person who calculated this bit of information is now and has been a professor at The University of West Virginia in Morgantown for the last forty some years.
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 of gas a year.
So, the average Cash for Clunkers transaction will ruduce gasoline consumption by 320 per year per vehicle.
The Gov. claims 700,000 clunkers have been replaced so that's 224 million gallons saved per year.
That equates toa bit over 5 hours worth of US gas comsumption. More importantly, 5.333 million barrels of oil at $70 per barrel costs about $373 million dollars. So, the government paid $3 billion of our tax dollars to save $373 million dollars.
We, or should I say our government spent, $8.04 for every $1.00 saved.
Do you think they'll do just as well with the Health Care Plan?
