Can We Trust Politicians With Our Money?
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 a year.
So, the average Cash for Clunkers transaction reduceD US gasoline consumption by 320 gallons per year.
They bought back 700,000 vehicles 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 saved.
More questions for you.
Do you believe the $857 billion dollar economic stimulus plan has been miss-managed and miss-represented to the American people?
Do you believe permanent new jobs were created by the jobs stimulus plan?
What should America do to fix the problems in our country?
Wisdom from Proverbs
14:8 The wisdom of the prudent is to understand his way: but the folly of fools is deceit.
14:16 A wise man is cautious and turns away from evil, but a fool is arrogant and careless.
17:18 A man lacking in sense pledges and becomes guarantor in the presence of his neighbor.
21:5 The plans of the diligent lead to profit as surely as haste leads to poverty.
26:12 Do you see a man who is wise in his own eyes? There is more hope for a fool than for him.
27:12 A prudent man sees evil and hides himself, The naive proceed and pay the penalty.
29:20 Do you see a man who is hasty in his words? There is more hope for a fool than for him.
Proverbs 30:5 Every word of God proves true; he is a shield to those who take refuge in him.
God Bless You My friends, Bob
Overseer, Not Dictator!
7 hours ago