Cash for clunkers on a grand scale

I was waiting for someone to figure it out. The first calculation I found comes from the Rochester Institute of Technology:

Every vehicle GM sells costs $12,200 of taxpayer money.
Every vehicle Chrysler sells costs $7,600 of taxpayer money.

Meanwhile, for every vehicle Ford sells, they don't expect you and I to pay their expenses. After all, they are a for-profit PRIVATE company. Unlike Chrysler and GM.

Don't get the math wrong, I'm sure there is a bit of forecasting and estimating going into those numbers. Its not like the costs will go up every time they make a sale, in fact, the more they sell, the less per vehicle cost of the tax burden. I just found it shocking that a reasonable estimate sets the cost of producing cars HIGHER than the MSRP!

Government subsidized auto industry...

THIS is whyipaytaxes.

read more: Each GM car sold costs taxpayers $12,200, RIT says (RBJ)