Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : A US National Health Care System? -- Ignore unavailable to you. Want to Upgrade?

To: Mary Cluney who wrote (10857)	10/29/2009 2:33:26 PM
From: longnshort	Respond to of 42652

Well, it’s in how Edmunds crunched the numbers. A valid way to evaluate the program economically, it says, is to look at how many people purchased cars that otherwise wouldn’t have been bought. The firm says that number is about 125,000 cars. By that measure, the government spent $24,000 to generate each sale of a new car. take it up with Edmunds, they are the expert in the field, you aren't. What is your field? Car sales ?

To: Mary Cluney who wrote (10857)	10/29/2009 2:48:28 PM
From: Lane3	1 Recommendation Read Replies (1) \| Respond to of 42652

That must be the new feel good math. You aren't kidding that you're bad in math. <g> If you spend $3,000 at the grocery and get 124 potatoes for your money, the cost per potato would be $24. The formula is that you divide the number of widgets into the total cost and get the cost per widget. Exact same formula applies to cars. You just have to add three zeroes. That's about as traditional and simple as math gets.

To: Mary Cluney who wrote (10857)	10/29/2009 3:51:23 PM
From: Peter Dierks	Read Replies (1) \| Respond to of 42652

If you don't like the math why don't you tell us what the cost was per extra vehicle sold? Be sure to fudge in a bunch for bogus secondary effects and benefits. Based on the "success" of the program perhaps the federal government should have a new vehicle lottery. They could include 100 lottery ticket for each taxpayer and give away a new car each week. Those who don't pay taxes could buy tickets at the local convenience store. After ObamaCare we could add a lottery for medical care. If your number is drawn you get to schedule an appointment with a doctor.