3Aug/091
Cash for Clunkers: Where did OUR money go???
Here's the story:
a. Congress funds the program with $1 billion = $4,000/clunker = 250,000 total clunkers.
b. The program runs out of money after 1 week.
c. Average car sales per week = 125,000 cars
Conclusion: Someone got paid big time...and it's not consumers.
Read the original breakdown at the Freaknomics blog.
Last 5 posts in Current Events
- Merry Christmas! - December 18th, 2011
- Sad Truth: One dies...millions cry. Millions die...no one cries. - November 8th, 2011
- Countdown to Launching Prestonwood Dallas - July 22nd, 2011
Do you know Jesus Christ?
Who is Jesus?
If you don't know Jesus Christ, please view this site first...nothing on my blog matters as much as this...
Categories
- Articles & Related Thoughts
- Bible Study
- Church Leadership
- Current Events
- Married Life
- Quotes
- Technology
- The Spiritual Life
- Travel
- Videos
Sites You Need to See:
Tags
advice
apple
Bible Study
blog
Church Leadership
church strategy
computers
disaster
economy
evangelism
funny
government
history
humor
ibm
internet
iPhone
jesus
leadership
love
mac
married life
Married Life
microsoft
ministry
missions
obama
online
pc
persecution
politics
porn
pornography
prayer
preaching
Quotes
road trip
sermon
software
technology
tips
tools
video
websites
windows phone
August 3rd, 2009 - 19:32
This makes me sick and even more infuriated with the ridiculous government spending that has been going on the past 7 months!