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Correcting My Math Mistake
 Yesterday I posted a comment with some incorrect data, and I'd like to correct myself.I failed to properly finish the math regarding the approximate cost of what a new federal holiday costs the taxpayers. Something chew on: (Correct) The Federal Gov. employs well over 2.5+ Million persons and the salary averages out to over $101++K according to several authoritative sources... (Incorrect) Juneteenth, (June 19th), and each Federal holiday costs US taxpayers over $252,500,000,000.000 each for NOTHING in return. ... Finishing The Math: $252.5B (approx Fed employee annual costs) Divided by 2080 hrs the typical hrs per year Equals = $121,394,230.76 staff cost per hr Multiply that by 8hrs (per day) = about $971,15M per day of work. But then there are those working that holiday, that get bonus paid. So the $971.15M per each holiday figure is likely closer to $1 Billion for what Juneteenth costs the US taxpayers in 2024. Posted by: NN2N1 2024-07-10 |
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