- Jun 13, 2004
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Just something I've been thinking about. So assuming 80% of the population of the US receives $600 via the president's stimulus package, the government gives $145,564,800,000 to the tax payers of this country. Let's also assume that the average person spends between 5% and 10% (we'll use 7.5% -- source) of his/her income on gas. So, on average, $45 of that $600 will be spent on gas.
Now, let's take all 242,608,000 tax payers' $45 and throw it into the oil industry. I don't know about you, but if I were the head of a large oil corporation, I'd be jumping in my shoes since President Bush and the US government just gave me a $10,917,360,000 check.
Doesn't really sit well with me...
Edit: Dur, .075*600 = 45.
Now, let's take all 242,608,000 tax payers' $45 and throw it into the oil industry. I don't know about you, but if I were the head of a large oil corporation, I'd be jumping in my shoes since President Bush and the US government just gave me a $10,917,360,000 check.
Doesn't really sit well with me...
Edit: Dur, .075*600 = 45.