Math They Never Taught Us
Apparently there are 2 types of math in America. There’s the math they taught us in school…you know, the kind that says 2 plus 2 equals 4… the kind of math that most of us use in our daily lives. Then there is the type of math that is used in politics. The federal Head Start program recently announced that the $787 billion stimulus plan had saved 14,506 jobs. A review of the details of those numbers showed that actually more than two-thirds of those saved jobs were simply existing job employees who received raises!
Health and Human Services spokesman Luis Rosero explained the math this way…”If I give you a raise, it is going to save a portion of your job!” He didn’t explain what portion, but Myrtis Mulkey-Ndawula, director of the federal sponsored program in Moultrie, Ga. explained it this way; following White House guidelines, she multiplied her 508 employees by 1.84..the percentage pay raise they received…and came up with 935 jobs saved!!
Now if the Administration’s goal is to give the impression that the stimulus plan is working by counting raises as saving jobs, they are going to be down right giddy when they see the Wall Street bonus figures!! What is that percentage pay raise formula again?