Wednesday, April 30, 2008

Math: Something John McCain doesn't understand.

John McCain wants to give us all "a holiday" between Labor Day & Memorial day by suspending the Federal Gas Tax.

That's 13 weeks.

According to NPR, the average American commutes 25 minutes, making my daily commute which is usually between 17& 30 minutes, pretty average.

I fill gas almost exactly once per week, and I consume approximately 16.5 gallons of fuel per fill in my Pontiac 2-door.

Currently, the Federal Gas tax that John McCain wants to waive for this period is $0.18/gallon.

So, when you sit behind a calculator, my benefit, 13*16.5*.18=

drumroll........

$38.61

Uh, thanks. But my fuel tank costs $55 to fill right now. How is this going to stimulate the Economy again? That is, aside from crippling the American infrastructure...

According to Wired.com

But McCain's proposal could cost the government some $9 billion dollars - and more than 300,000 jobs.

The tax supports the federal Highway Trust Fund, which finances road projects nationwide and is already facing a $3.4 billion shortfall, the American Association of State Highway and Transportation Officials says. The American Society of Civil Engineers says every dollar invested in highway infrastructure generates $5.40 in economic benefits through reduced delays, improved safety and lower vehicle operating costs. And the federal transportation department says every $1 billion in highway spending creates 34,779 jobs.

What a great way to stimulate America's "psychological" economic problems. I think the psychological problem is YOURS, John, and it's called delusion.......or, the inability to do elementary-level mathematics.

Good luck against Barack. He's got a law degree from Harvard.

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