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View Full Version : DUmmies and math are not friends

ralph wiggum
02-22-2011, 06:44 PM
Maraya1969 (1000+ posts) Mon Feb-21-11 11:55 PM
Original message
How many jobs would Bank of America be able to make if CEO gave up his salary? (http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=439x478129)

CEO = \$9,250,000

Average pay per worker = \$35,000
(guesstimate by looking at pay scales for employees)

His salary divided by the the pay to the average worker.

\$9,250,000/\$35,000 = 264,285

So if the CEO gave up his salary there would be enough money to create 264,285 new jobs.

If he just cut his salary by 1,000,000 that would create 28,000

The reason there is a lack of jobs in this country is top executives and CEO's are stealing the money needed for potential jobs.

+14 Recommendations :rolleyes:

For the record, \$9,250,000 divided by \$35,000 equals 264.29 workers, NOT 264,285.

Tansy_Gold (1000+ posts) Mon Feb-21-11 11:57 PM
Response to Original message
2. It's that simple
It's simple and it's fair.

But the DUmmies caught on pretty quickly...

Brilliantrocket (162 posts) Tue Feb-22-11 12:02 AM
Response to Original message
4. Math fail

WillowTree (1000+ posts) Tue Feb-22-11 12:36 AM
Response to Original message
5. Wanna try that long division with a decimal point thing again there Sparky?

Maraya1969 (1000+ posts) Tue Feb-22-11 10:40 AM
9. Where did I mess up?

dmallind (1000+ posts) Tue Feb-22-11 01:45 AM
Response to Original message
7. 9,250,000/35,000 =what?
264 and change in my book. Not hundreds of thousands. Not even close. Funnily enough though your number is close indeed to the number of BoA employees...

CommonSensePLZ (336 posts) Tue Feb-22-11 02:31 AM
8. You're right
Edited on Tue Feb-22-11 02:32 AM by CommonSensePLZ
I was reading a bunch of other threads and didn't do the figures myself. I suspect we've gotten a decimal confused here. I'll have to take back my kick (even though I'm kicking this by replying lol).

Still a CEO makes 200 times what everyone else makes, you never think about it until you do.

Maraya1969 (1000+ posts) Tue Feb-22-11 04:42 PM
10. Would you please re-do the numbers and post it again? I really
think this information is important for people to know. The numbers sounded a little funny to me but that is what the calculator said. The calculator is now in the trash. (Very old, sticky keys and lots of L's and 9's)

What kind of calculator has "L's"?

CommonSensePLZ (336 posts) Tue Feb-22-11 01:26 AM
Response to Original message
6. Kicking the hell outta this.
Rec'king too.

Me too. :p :p

Apache
02-22-2011, 07:06 PM
What kind of calculator has "L's"?

Leftist Liberal calculators :confused: