How Government Accounting Works

Posted by Tim Andrews on Monday, March 15th, 2010, 11:59 AM PERMALINK

As readers of this blog would be well aware, the U.S. Federal government is rather adept at using "fuzzy math". Whether it be claiming jobs were created (when they were not), or grossly, grossly underestimate the cost of healthcare plans, government math seems to exist on a plane of existence where the normal rules of mathematics just don't apply.

In this helpful video, "Miss Calcoolation" and her friends explain exactly how government accounting math works:

Seems pretty accurate to me...

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