Obama Administration Purchases 116 Chevy Volts
Yes, you read that title correctly. The Obama administration, the one that's supposed to be rescuing our economy, has purchased 116 Chevy Volts and will be installing 5 new charging stations in various cities throughout the United States (Washington, Detroit, Los Angeles, San Diego and San Francisco).
The 2011 Chevy Volt has a sticker price of $41,000. Of course, I'm sure the government gets a discounted price, but let's say they purchased the Volt for $30,000 a piece. That's still a $3,480,000 cost that the American taxpayer is covering!
Don't worry though, there are some savings that come out of this deal. According to Martha Johnson, the GSA administrator, this purchase is expected to save the government 29,000 gallons of gas compared to previous years. That equates to a savings of nearly $116,000 per year!
While the fuel savings is impressive, let's not forget that initial (estimated) cost of $3,480,000. Those government administrators would need to drive each of those cars for 30 years for the gas savings to cover the initial cost of the vehicles!
While I think it's great that the government is "going green", don't they understand that the economy is still broken? Can't they drive 10 year old rust-buckets like the rest of us?