Chronology Current Month Current Thread Current Date
[Year List] [Month List (current year)] [Date Index] [Thread Index] [Thread Prev] [Thread Next] [Date Prev] [Date Next]

Innumeracy at the NY Times



The last paragraph of an editorial that appears in this morning's NY Times:

<http://www.nytimes.com/2003/08/16/opinion/16SAT3.html>

"As Mr. Bush's "growth" program rolls out, the richest 1 percent of
Americans can expect an estimated 17 percent cut in their taxes by
2010, according to the Institute on Taxation and Economic Policy. The
other 99 percent get a 5 percent cut - along with accumulated
deficits of $4 billion or more across the next 10 years and the lost
chance that the now-vanished surplus might be used to protect their
future Social Security benefits."

Incredible.

--
John Mallinckrodt mailto:ajm@csupomona.edu
Cal Poly Pomona http://www.csupomona.edu/~ajm