[Vision2020] MSD financial condition

[thansen@moscow.com]

Simple, Mr. Courtney.  I used Excel.  I am sure you are quite familiar with 
that software.

1)  Enter $1,000 in cell A1.  

2)  In Cell A2 enter:

    =SUM(A1*1.05)

This will att 5% to the original value in Cell A1.

3)  Drag and rop this formula into the next 14 cells directly below cell A2.

Now, tell me what is reflects, ok?  No points for cheating (i.e. looking at my 
last posting).

Tom Hansen






> I've made it a point not to respond to Mr. Hansen any more, since, like his
> economic thinking demonstrates, he's always off by 50 percent.
> 
> But his math is so outrageous that I cannot let his ignorance stand. 
> 
> > It was previously stated that the current school budget is at 
> > 170% of the 
> > 1987/1988 budget.  Allowing 5% for inflation over that 
> > 15-year period and you 
> > will find that 170% is extremely low.  It should be over 200% 
> > of the 1987/1988 
> > budget based on an incremental increase of 5% each year for 15 years.
> > 
> > Based on 5% inflation, $1,000 in 1987/1988 is comparable to 
> > $2,078.93 now.
> 
> Did you take Econ at UI? Math doesn't work that way. 
> 
> You can run the real numbers over at:
> http://inflationdata.com/inflation/Inflation_Rate/InflationCalculator.asp
> 
> The actual inflation from Jan 88 to Jan 03 was 57.04%
> 
> The actual increase in Idaho State Education Spending was 168% ($985.5M -
> $367M). 
>  
> > No wonder the school district is suffering.  Thanks, Mr. 
> > Courtney.  I am 
> > definitely voting in favor of the next levy.  Sounds like 
> > they can use the help.
> 
> Enjoy burying your head in the sand. You would support such an increase for
> a student enrollment that has only gone up 16 percent. I expected nothing
> less. 
> 
> The question is -- will people who really wrestle with the data and think
> about it (as opposed to responding emotionally and ignorantly) deal with it?
> 
> 
> Dale
> 
> 
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