Also, you mention his numbers "were not exactly accurate", but were they close?
As a business owner myself, I can tell you he's feeling heat, whether it's from lower sales and profits, or his banker, or a supplier, or trying to collect long overdue receiveables. There is a lot of pressure in all businesses right now just to survive. He may not have handled it well, or he may have been venting his frustration and you were there, not so much as a target, but as someone that might be able understand the problem and help find a solution.
Is he a person you can approach and ask for his help. Tell him your numbers differ from his and could the two of you go over them to find out why yours are off, since you want to make decisions based on the correct numbers? This puts the onus on you and you won't come off as challenging him.
Unless you're independently wealthy, the last thing I would do in this economy is confront him in any way that might upset him. There is a lot of unemployed talent available for hire and probably at a lower salary.
I've got a mediocre employee pushing for a raise. I've also got a stack of resumes of prospective employees with more experience, willing to work for less. It's an easy decision for me.
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