Friday, August 07, 2009

Today in "Experts Say": Clunkers Edition

According to some estimates, the total of $3 billion in the Cash for Clunkers program could result in an $18 billion boost to the overall economy....Auto industry experts estimate that 750,000 clunkers will be scrapped as a result of the program, leading to the sale of 750,000 new cars.
--CNN.com, 8.7.09

Hmmm...

$3 billion, divided by an average of $4,000 per "clunkers" rebate = .....uh....carry the one...uh....

750,000?

How do these "auto industry experts" do it? Man I wish I could be one of them "auto industry experts"!



Meanwhile, space travel experts say Falling Satellite X still has a 70% chance of landing in water....

No comments: