The Truth Leaked : Treasury Cuts Plan

Here are the key numbers:

cuts-by-the-numbersThat negative increase is what we normally call a cut:

(1 – .008) x ( 1 -.04) x (1 -.018) x (1-.03) = .9071

In other words a cut of 9.3% on 2009…


Seen Elsewhere

NHS Cash for New Labour SpAds NHS Cash for New Labour SpAds