SUBSIM Radio Room Forums - MSNBC Can't do math

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SUBMAN1

12-04-07 11:39 AM

MSNBC Can't do math

I like how they say that credit card debt accounts for $3K per household. According to my calculations, that is $3K per person in this country!

http://www.msnbc.msn.com/id/22090817/

-S

Tchocky

12-04-07 11:46 AM

$3,000?

Quote:

With Americans weighed down by some $900 billion in credit card debt _ an average $2,200 per household _

Are they using long or short scale?
and it's an AP article

I'm confused too

SUBMAN1

12-04-07 01:02 PM

Quote:

Originally Posted by Tchocky

$3,000?

Quote:

With Americans weighed down by some $900 billion in credit card debt _ an average $2,200 per household _

Are they using long or short scale?
and it's an AP article

I'm confused too

It should read per person. We only have 300 million people in this country (including the illegals) so dividing 900 Billion up between them results in $3K per person. Not household. Stupid reporters. They can't even say the correct number right - how do they even come up with $2.2k? 900 bill / 300 mill = 3K.

-S

DeepIron

12-04-07 01:13 PM

I'm not surprised. The "MS" part of "MSNBC" was the same company that stopped a multi-billion $$$ guided missle frigate dead in the water with a "Divide by zero" error a few years back... :lol:

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