Wednesday, March 7, 2012

$16,000 Gasoline


Obama stated in his speech today at the Daimler truck factory in N.C. that the average family spends $16,000 a year on gasoline.  And that is at today's cost of less than $4.00 per gallon, in most states.

According to the internet, today's  average family of 3 people make $49,440 per year. 

AS I SEE IT:  It takes 2 people working to make the $49,440 yearly income per family.
Now Minus $9,000 in taxes.....
Minus $12,000 for housing and basic utilities.....
Minus $10,000 for food....
Assuming a 2 car family:
Minus $1,500 for car insurance.....
Minus $1,500 per year for tires, oil & car repairs.....
Minus $6,000 per year on car payments....

That only leaves $9,440 for everything else....child care....clothing...phone....internet...cable TV...etc...etc...

So I would like to know where he got the $16,000
per year estimate from?

1 comment:

  1. 3.75 per/gal
    15000 miles a year
    ( Average 2 year leas is 30,000 miles )
    25 mile/gal avg

    15000/25 = 600 gal of gas
    * 3.75 = 2250 dollars/year

    3.75 per/gal
    15000 miles a year
    ( Average 2 year leas is 30,000 miles )
    30 mile/gal avg

    15000/30 = 500 gal of gas
    * 3.75 = 1875 dollars/year

    Double this for 2 car families

    ReplyDelete