Found this rather amuzing.......

(C&P)

Think of it this way:

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 Federal Cash for Clunkers transaction will reduce US gas

consumption by 320 gallons per year.

The Cash for Clunkers program subsidized the purchase of 700,000

vehicles.

So that’s 224 million gallons saved per year.

That equates to about 5 million barrels of oil.

5 million barrels is about 5 hours worth of U.S. consumption.

More importantly, 5 million barrels of oil at $70 per barrel costs about

$350 million dollars.

So, the government paid $3 billion for Cash for Clunkers subsidies to

save $350 million.

Hence, we spent $8.57 for every dollar saved.

Relax. The same people are going to fix health care

did you snopes this..??

^ I think the main purpose for the Cash for Clunker program is not to save energy, but to revitalize the auto industry.

700K car has probably saved hundreds of thousands of jobs.

Drafter, no, didn't Snopes.

I posted that I found in "amuzing". I actually figured that something in the calculation would be screwed up, but what isn't in life anymore.

#3, Yea, I guess that's why the unemployment numbers overall are so good now huh?

from what I hear you can't trust snopes anyway... the numbers don't surprise me...

the program did get a lot of Obama bumper stickers off the road tho...

^ Ray: If you think the unemployment numbers are bad right now, it would have been hundreds of thousands worse.

It was estimated that if GM goes under, over 2 million jobs would be lost - GM, dealers, suppliers, etc.

I don't like the program myself, but something had to be done, and someone had to pay for it.

Uh huh. Uh huh. Okay. Um, can you repeat the part of the stuff where you said all about the ... things? Uh ... the things.

^you is a big dummy

"At the end of the program Toyota accounted for 19.4 % of sales, followed by General Motors with 17.6 %, Ford with 14.4 %, Honda with 13.0 %, and Nissan with 8.7%.[1][12] It led to a gain in market share for Japanese and Korean manufacturers at the expense of American car makers, with only Ford not taking a significant hit.[13] Meanwhile, Japan's own program excluded U.S. cars.[14] The Department of Transportation also reported that the average fuel efficiency of trade-ins was 15.8 mpg, compared to 24.9 mpg for the new cars purchased to replace them, translating to a 58% fuel efficiency improvement.[1]"

http://en.wikipedia.org/wiki/Car_Allowance_Rebate_System 

This was a Great program for Japanese car companies. But what the Hell, if we can save Union jobs, who cares what it cost us.

You'll have to speak up, I'm wearing a towel.