So Defense Secretary Chuck Hagel has announced 688,000 furloughs of 11 days this year due to the sequester, just like the private sector has been doing for years. Total sequester effect this year has been determined to be around $80 billion. Doing Mr. Hagelís math at minimum wage $8.25 per hour (minimum wage that I am sure all of his employees are making ... not), his cuts will result in federal budget reductions of: 688,000 employees X 8 hours per day X $8.25 = $45 billion.
Do any of you math students see a problem with this announcement?
If you were to double the $8.25 per hour including benefits, you are still giving him the benefit of the doubt (now $90 billion ó do you see where I am going?). Is Uncle Chuck the only contributor to this spending cuts? Can we find more generous helpers? Letís all get smart! Letís learn basic math and then letís cut some more!
Des PlainesCopyright © 2013 Paddock Publications, Inc. All rights reserved.