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Showing posts with label innumeracy. Show all posts
Showing posts with label innumeracy. Show all posts

Monday, 24 November 2008

Those percentages again...



According to early evening news programmes on the telly, Alistair Darling has cut VAT by two and a half percent.  That, according to my calculator, means a new rate of 17.0625 percent.

Do you think they meant to say "a cut of two and a half percentage points", perhaps, to 15%? A reduction of some 14.3 percent.

But don't trust my figures.  I told you I was no good at maths.

And I'd be useless as a newsreader, a job which you might think would demand of its practitioners the ability to communicate information accurately for the enlightenment of us dimwit masses.



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