Hmmmmmm

Thanks to Linda. I’d heard it on the radio then Linda sent it to me in an email. Makes you think.

CASH FOR CLUNKER RESULTS:

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

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 $350 million dollars at $75/bbl.

So, we all contributed to spending $3 billion to save $350 million.
How good a deal was that?

But they’ll probably do a better job with health care.