Half a dozen readers have emailed me to correct the math in my posting of this morning. As one reader puts it:
“Let libs make the stupid math mistakes, Peter, not NRO. You should have caught
Michael New’s (albeit back of the napkin calcs) on the percentage increase
in ‘reasonable spending.’ The figure should be 22.6% not 21.5%. Michael should have
multiplied the percentages (1.089*1.126).”
I plead guilty. And I promise to bear in mind henceforth that our audience isn’t just the most literate on earth but the most numerate as well.






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