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…

mdi-account-multiple-outline Gordon Brown
mdi-timer September 16 2009 @ 10:56 mdi-share-variant mdi-twitter mdi-facebook mdi-whatsapp mdi-telegram mdi-linkedin mdi-email mdi-printer
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