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Wednesday, November 30, 2011

NDP math for beginners!

Much has been made over the NDP blasting the PM's handling of the first nations community of Attawapiskat. Some $90,000,000.00 has been spent on this community and that's just the amount since the Conservatives have been in office.

As PM Stephen Harper pointed out, when you divide that $90,000,000.00 by the 1,800 people within the community, you end up with each man, woman and child getting about $50,000.00 each.

Splitting hairs as they always do, the NDP say that there is a $4,500,000.00 deficit and when you break it down the total is either $5,000.00 or $6,000.00 or $6,500.00 per person. Well... they couldn't seem to decide on one number. So three figures are better than one.

However, if we take them at their word (like the sheep do) that there is a $4,500,000.00 deficit, over 5 years that would be $22,500,000.00 in total.

When you subtract that from the $90,000,000.00 spent you end up with $67,500,000.00 left.

Divide that by 5 years and you have $13,500,000.00 per year.

Divide that by the 1,800 people in the community and you have $7,500.00 per person / per year.

Which basically means that the margin of error on the NDP's figures is somewhere between 15% (at the $6,500.00 amount) and 50% (at the $5,000.00 amount).

Utterly spectacular math skills they've got going there. And they wonder why the clear majority of the country won't let their grubby hands anywhere near the country's finances.