Fri 27 Feb 2009
There were three computation errors in Christopher Hayes’s March 2 “Cut the Military Budget.” The Pentagon budget request represents a 13 (not 12) percent increase over last year’s budget. The reported Obama Defense Department appropriation would represent a 2.2 percent increase over last year’s budget (not 8 percent). And regarding the F-22 Raptor fighter jet, $3.4 billion divided by 95,000 works out to $35,800 per job (not $35.8 million). So it is not true that “more jobs would be created by hiring people to shred the money.” We deeply regret the errors and have FedExed a new abacus to our Washington bureau.
– The Nation, via Regret the Error.