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Do The Math

June 8, 2011 – 09:08 | by admin

Clearly our Dear Leader is hoping you don’t.  He claims that “Chrysler has repaid every dime and more of what it owes the American taxpayer from the investment we made during my watch.”

Conn Carrol has done the math for you just in case you are one of those who think that Obamacare will actually reduced health care costs.

Total loaned to Chrysler: $14 billion

Total paid back by Chrysler: $7.56 billion

Total taxpayer loss on the Obama bail out of Chrysler: $6.44 billion

While you can argue if math is not one of our Dear Leader‘s strong points, it is pretty clear that he is betting that it isn’t one of yours.

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