Comments on Slight Of Hand Economics!

Go to Presidential Decision 2008 : The IssuesAdd a commentGo to Slight Of Hand Economics!

RSM, I really can't take that article too seriously because the guy clearly
Does not understand math
 
You see he got the '54.9%' number in the oddest of ways.  If one were to use actual math there you would get 27.45%, half of what this guy is claiming.  The two rates he is talking about are not of the same 100%, but of two differing tax rates so.  So you would have to average them, not add them together.  Also I am sure there are a lot of other factors that are being ignored in all this, but the writer clearly does not care to do his calculations correctly.
 
If the writer of this article has such a weak grasp of how percentile and averages work, then I have to place my money on him having a weak grasp of the whole rest of what he is talking about.

posted by kooka_lives on November 2, 2008 at 10:34 AM | link to this | reply

Mordent, what a double standard you are showing here
You tell me it is meaningless for me to use an article that help prove my point, but here you are praising a conservative for doing such.
 
I guess in your mind it is only meaningless if it does not agree with your views.

posted by kooka_lives on November 2, 2008 at 10:25 AM | link to this | reply

Good article. I can't wait for your arch nemesis to show you an opposing article.

posted by mordent on November 2, 2008 at 9:54 AM | link to this | reply

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