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Sunday, June 03, 2007

MSM Innumeracy

One of my pet peeves is the MSM inability to use skepticism and basic arithmetic skills to check bullshit put out by guvmint officials.

For instance, here is a quote from the Philadelphia Inquirer today about Fat Eddie's plan to spend $850 Million on a new program to make the state energy independent. I will believe that when Fat Eddie can make himself "cheesesteak independent". Read this quote below:

"Rendell says the small new "system benefits charge" - one-twentieth of a cent per kilowatt-hour, or about $5 a year for an average residential customer - would allow the state to establish an $850 million fund that would make Pennsylvania a leader in the effort to reduce U.S. dependence on imported oil."

So the governor said it is not a tax, it is a "system benefits charge" and it's only $5 per year!! Well that only gets him about $28 Million cause there are about 5.5 Million households in the state and I assume they all are "average residential customers".

So I ask who will be paying the rest of the $850 Million in new tax revenue(let's call it what truly is instead of system benefit charge)?

1 comment:

colleague said...

One of my pet peeves is the MSM inability to use skepticism and basic arithmetic skills to check bullshit put out by guvmint officials.

But only when the guvmint in question isn't presided over by the GOP, right AJ?