Location: Obama made me join the NRA for 5 years !
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a thought on Clunkers concpet and National Health Care
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.
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 ???
They'll probably do a great job w. health care though!!
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Just something I read ......... also, of those 700,000 I doubt 1/2 of 1% of them bought with cash, they all went into tens of thousands of dollars in debt as well as paying more for auto insurance.
Funny too - Obama on Saturday said people spend over their means, that this country needs the Govt to make it easier to save by making payroll options for employee's
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.
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 ???
They'll probably do a great job w. health care though!!
======
Just something I read ......... also, of those 700,000 I doubt 1/2 of 1% of them bought with cash, they all went into tens of thousands of dollars in debt as well as paying more for auto insurance.
Funny too - Obama on Saturday said people spend over their means, that this country needs the Govt to make it easier to save by making payroll options for employee's
good gawd ........
You're right on the money. Had we taken advantage of the program, we would have traded our Blazer, averaging about 15-16 mpg for something averaging in the mid 20s mpg. And yes, we would have had to finance it.
It was a program conceived by liberals and, like most programs conceived by liberals, was a stupid, uneconomical idea.
Liberal thinking is usually just sheep dip
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Proud parents of our own "Daddy's Little Girls"
I heard Jesus He drank wine and I bet we'd get along just fine.
adding 1-2 oz's of acetone to every 10 gallons of gasoline helps the engine burn more efficiently and increases gas mileage....was cash for clunkers more of a psychological fix ?
was more aimed at economic recovery than keeping oil off the road. the "Green" aspect of it was just an additional "benefit".
Auto makers were in trouble and the gov felt they needed to give em a boost. Definitely an attempt at overall economic recovery, get the confidence of the public up in the car companies. It is said that one of every 10 jobs is related to the car industry.
I'm as conservative as they come...for the record, but we need to argue on the correct points!
All companies but Chrysler and GM saw large jumps in cars sold in august from the same time last year, and the only reason chrysler and GM didn't is because they were in so much trouble that they had massive sales going on to get cars off the lot.
If we had to have some sort of stimulus go through, I'm not so pissed about this one.
I wasn't aware that they'd only be driving these brand new vehicles purchased under the program for a period of only one year, thus generating gasoline savings for a period of only 12 months according to your calculations.
Furthermore, I also wasn't aware that the only purpose of the program was to save gas.
I also wasn't aware that the profits generated by the sales would never be spent so as to cause no stimulus what so ever. Of course if they profits are spent, and theY most certainly will be, that will generate more purchases and sales within the economy, thereby causing the stimulus effect at least to some degree as originally intended. But I can see that you intend to just ignore that so that you can claim the program is utterly devoid of all value of any kind.
But, yea, other than that, you've got a great point...lol, for those who cannot think beyond their own noses.
I'm as conservative as they come...for the record, but we need to argue on the correct points!
Oh, I'm sorry, but we'll have none of that here, sir.
Duane's intention is to prove that this program is a "failure," and the facts be damned.
Oh by the way, you should watch for him to now claim that you've said all manner of things about this program that you never actually said. Don't ask me why, it makes no sense, just expect it.
Well VC do you think that everyone will be driving the new cars for 10 or more years? If so then it will barely cover the costs. The program was, as mentioned before poorly thought out and is just a way to make people feel good about all of the change our government is bringing. Why care about results just feel good.
Well VC do you think that everyone will be driving the new cars for 10 or more years?
Go see the thread where Duane posted pictures of old cars. Clearly the thinking there was that, yes, you most certainly should drive cars for at least 10 years or more or else you are wasting assets, knocking auto mechanics out of work, and driving up the prices of used cars in general. You reading all this stuff, Adamsdad, or just the stuff that you agree with?
Your question shows that you are also willing to ignore the flaws in his premise...really all you want to do is smear the program, which is fine with me, but at least try using ACCURATE facts.
Furthermore, the numbers YOU just used and the numbers Duane used presume that the price of oil will remain at the present price per barrel for 10 years. So while we're asking serious questions, Adamsdad, how likely do you think it is that THAT will happen?
Quote:
The program was, as mentioned before poorly thought out and is just a way to make people feel good about all of the change our government is bringing.
You can say that without posting a thread that starts out with a glaring mathematical error and based upon ridiculous and flawed assumptions.
Lets see now...
Gas savings is measured for one year only for all vehicles.
You should never trade in a used car. even at a very favorable price, for fear of driving up the prices of used parts, used cars and driving mechanics out of business.
The best way to appraise a used car is to drive past it and take a picture of it (I love that one).
The Clunkers Program did not stimulate sales.
The prices of oil on a per barrel basis is going to be oddly static for the next ten years at least.
Well, very good, gentlemen. Great thinking! Brings to mind the expression voodoo economics. You guys going to start dancing and waving around chicken bones?
a thought on Clunkers concpet and National Health Care
Liberal thinking is usually just sheep dip
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