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Now I Know Where Our Government Learned Math
Posted By Ron On March 11, 2010 @ 7:00 AM In Budgets,Government | Comments Disabled
It’s a funny little video, but it seems to represent how everyone involved in federal, state, and even local governments does math – badly. States and municipalities are increasingly running out of cash and on the verge of bankruptcy. Some municipalities have raised sales taxes as high as 12 percent!  Just like the video shows us, there is a fundamental lack of understanding of the forces of economics and just plain old ignorance of basic math.
Just … wow. Eerily similar to how Congress works out their budget. Too bad they don’t use YNAB 
Thanks to Brent for sending me this video.
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 raised sales taxes as high as 12 percent!: http://finance.yahoo.com/taxes/article/109012/us-sales-tax-rates-hit-record-high
 YNAB: http://www.youneedabudget.com?AFFID=25828
 government: http://technorati.com/tags/government
 budget: http://technorati.com/tags/budget
 budgeting: http://technorati.com/tags/budgeting
 bad math: http://technorati.com/tags/bad+math
 math: http://technorati.com/tags/math
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