Not sure where the accountants in the White House went to accounting school. I'm going to assume it wasn't Princeton.
The Department of Energy is proposing a rule that would require ceiling fans to be more energy efficient, arguing the move would save U.S. households on energy costs.
According to the Energy Department's analysis, the new rules would save households about $39 over the lifespan of the new energy-efficient fan. However, the cost to manufacturers associated with the increased equipment will total $86.6 million per year, the department said.
Hmm. Okay, math majors: Time to put on your calculators and take out your thinking caps. Wait, reverse that.
Consider: The average lifespan of a ceiling fan is estimated at about 10 years.
So, you're not confused, and you're not bad at math ... Joe wants companies that manufacture fans to incur an extra $87 million in costs per year to make these stupid Biden fans -- and the benefit to consumers is an estimated savings of less than $40 over the 10-year lifetime of the fan.
Bankrupting companies with draconian regulations because you can, and then trying to sell it to the little peasants you rule over as a $4-a-year windfall. That's Bidenomics in a nutshell.
P.S. Now check out our latest video ๐