The Myth of the $.5 Million Flyover

People are still debating if we, the taxpayers, got our money’s worth from the Super Bowl flyover of F-18s.   The debate underscores how journalists are often unable to grasp simple concepts of finance, such as the difference between fixed costs, and incremental costs. The actual cost of the flyover is not measured by how fixed costs are allocated, but by what savings skipping the stunt could generate.  Read more for a lesson on how NOT to report a story at lineofdeparture.com

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  1. Pingback: Tweets that mention The Myth of the $.5 Million Flyover | Jamie McIntyre — Journosaurus Rex -- Topsy.com

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