----- Original Message ----- From: "Doug Henwood" <dhenwood at panix.com> To: <lbo-talk at lists.panix.com> Sent: Friday, January 24, 2003 2:42 PM Subject: Re: Hollow ANSWER?
Nathan Newman wrote:
>Doug, your math looks odd.
>
>$15 times 2000 hours per year= $30,000 per working cadre
>200 working cadre * $30,000 = $6 million per year of total cadre income
$15/hr * 2000 hours * 300 workers = $9 million $9m * .10 = $900,000
nothing fuzzy about that math
>Assume that 20% is tithed
I just used the literal definition of "tithe":
>tithe
>
>1.
>a. A tenth part of one's annual income contributed voluntarily
>or due as a tax, especially for the support of the clergy or church.
>b. The institution or obligation of paying tithes.
>
>2. A tax or assessment of one tenth.
How many people can they hire on $900,000/yr? Or let's round up and say $1m. They've got to print their paper, pay rent on offices (their place on 14th St isn't small - 5000 sq ft at low-end rates would be about $100,000/yr in rent alone, not including electricity and phones). Even if they paid their organizers $20,000/yr, 100 would cost $2m. They'd be lucky if they could afford two dozen.
Doug