Greatest Scientific Fraud of all Time

From today's Manhattan Contrarian:

http://manhattancontrarian.com/blog/2017/1/18/the-greatest-scientific-fraud-of-all-time-part-xii

How Does the Minimum Wage Work? Prayer U

Budget Cuts? What Budget Cuts?

This information just received in an E-Mail from a friend helps to graphically explain why the financial position of the United States was recently downgraded.

The Best Summary Ever of why the U.S. was downgraded:

• U.S. Tax revenue: $2,170,000,000,000

• Fed budget: $3,820,000,000,000

• New debt: $ 1,650,000,000,000

• National debt: $14,271,000,000,000

• Recent budget cuts: $ 38,500,000,000

Let's now remove 8 zeros and pretend it's a household budget:

• Annual family income: $21,700

• Money the family spent: $38,200

• New debt on the credit card: $16,500

• Outstanding balance on the credit card: $142,710

• Total budget cuts: $385

Got it?

OK, now Lesson # 2:

Here's another way to look at the Debt Ceiling:

Let's say you come home from work and find there has been a sewer

backup in your neighborhood, and your home has sewage all the way up

to your ceilings.

What do you think you should do?

   1. Raise the ceilings, or

   2. Pump out the sewage

Your choice is coming November 2012 for all incumbents.

H/T: llretired

Henry Payne on the GOP Derby

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When the Left starts the campaign to malign the Texas economy and record job creation under Governor Rick Perry, please come back to this post and carefully review this piece by Matthias Shapiro of the Political Math Blog. Shapiro is a genius. His work has been posted here before and can be re-visited by clicking on the "Political Math" label below. The current post by Shapiro is long and a little complicated, but relatively easy to sort out. Although Shapiro is no fan of Rick Perry, this piece will make it difficult for anyone trying to disparage what has happened in Texas under his watch. This is from Shapiro:

"My advice to anti-Perry advocates is this: Give up talking about Texas jobs. Texas is an incredible outlier among the states when it comes to jobs. Not only are they creating them, they're creating ones with higher wages."

Michael Ramirez exposes "extreme" rhetoric on budget cuts

(Click to enlarge)

Thanks to Michael Ramirez, political cartoonist, for demonstrating with visual acuity just how "extreme" (according to Chuck Schumer and other duplicitous Democrats) the proposed Republican cuts in the $1.65 trillion deficit in Obama's proposed spending plan actually are.

As anyone can see, the Democrats have (reluctantly) proposed cuts amounting to 0.86 % of the deficit spending; Republicans have proposed cuts amounting to 1.59 % of the deficit spending. Do the math! For this minuscule difference, Schumer and friends are looking forward to, with great relish, the so-called "government shutdown" (which as we should all know by now is not nearly as ominous as it sounds), which they will gleefully blame on the recalcitrant Republicans.

Morning Bell: The Jobless Obama Recovery

Conn Carroll of The Heritage Foundation posted this illuminating piece on the Foundry Blog this morning.

Morning Bell: The Jobless Obama Recovery | The Foundry: Conservative Policy News.

And now the Labor Department’s Bureau of Labor and Statistics released its monthly jobs report today showing that the economy added 431,000 jobs in May. But don’t let that number fool you. Of those 431,000 jobs, 411,000 jobs were temporary government Census jobs. In fact, private sector job growth actually fell in May, from 231,000 new private sector jobs in April to just 41,000 new private sector jobs in May.

The Census jobs obtained by 411,000 Americans last month are temporary jobs. That means by the end of this year, those 411,000 Americans will be through with temporary government work and will be looking for real work in the private sector. But the private sector will not be able to adsorb them.

Political Math on the "Budget Freeze"

Matthias Shapiro, of Political Math Blog, has done it again, and done it with a smile. This is his graphic example of just what the "Budget Freeze" recently announced by President Obama really means.

His written analysis backing up the above graphic can be found HERE.

Political Math on Money & Taxes

Matthias Shapiro, of the Political Math Blog, has done it again: proven the adage that a picture is worth a thousand words. He says he made these charts because he wanted to communicate, in a single image, how much earners make and how much they pay in taxes. He calls our tax system "progressive" (because it is) but adds that it is not as progressive as some wish it was.

Political Math on Unemployment

Matthias Shapiro, of the Political Math Blog,
is as smart as he is funny. He posted the following on his Blog on January 6th:

A Free Way to Support Political Math
January 6th, 2010 | Author: politicalmath

Over the last few months, a number of people have asked how they can support me. I know that, for most people, times are tough and money is tight, so here is a fantastic way to support what I do.

This is not my “real” job… it’s just a hobby. And a hobby that is not particularly profitable. In my “real” job, I work as a software designer and my big conference of the year is coming up. The cost of going to the conference is fairly steep (in the $2000 range) but I can get nearly all those costs covered by Microsoft if I speak at the conference.

The conference has an “Open Call” for sessions and the winners will be determined by an online vote that is open from now until January 15th. I’ve submitted a session where I’ll talk about creating information visualizations and if my session is voted in the top 10, I get to go. So, please, go and vote for me.

The process is simple. Click on the link, click “Add to Ballot” and then click “Submit Your Ballot”. It’s like donating directly to my bank account at no cost to yourself. You can also vote multiple times from different computers. And your friends can vote.

I don’t like to bleg… I know that my readers are not here so that I can get cool things. But I would appreciate the token, if you can spare a minute of your time.

Thanks.

If you have time, please click on "Political Math" on the right side of this Blog, under My Blog List, then click on HOME, then scroll down to "A Free Way to Support Political Math," then click on "go and vote for me," then "Add to Ballot," then "Submit Your Ballot." It's not as complicated as it might seem; it's actually quick and easy, and you'll be helping a really bright guy go to a conference at no expense to you. Please also check in occasionally with Political Math (on the right side of this Blog). You'll always enjoy it, and you might learn something.

One more thing: if you have more than one computer, please vote on each computer, and, if you know someone who might be interested in Political Math, please ask them to vote also.