Relevant and even prescient commentary on news, politics and the economy.

In bad taste 2…

hat tip Old Vet McCain, who’s obsessed with skinny blond women, made a stupid ad equating Obama with a vacuous young blond Paris Hilton and also Britney Spears. Pure celebrity based on nothing but hype and looks. Wait a minute! Let’s talk about vacuous blond rich girls for just a minute, and who has them […]

Continuous loop of negotiations

by reader ilsm From the comments, CoRev states: “ILSM, breaking the rqmts [requirements] into bite sized chunks (design or parts of it) can work if the rqmts are reasonably well defined. Buying an entire Weps [weapon system], even with a fly-off, is/was ludicrous. Every engineering change and there will ALWAYS be many open/re-opens and re-re-opens […]

Soc Sec XXXVII: Backwards Transfers: Biggs Responds

Soc Sec XXXVI: $17 Trillion Backward Transfer was a response to a comment by Jim Glass (scrivener.net) to a post by Andrew Biggs. Andrew responded with a new post attempting to rebut my argument. You can see the whole thing at Responding to Angry Bear: Where does $17 trillion come from including my response to […]

Soc Sec XXXVI: $17 trillion backward transfer

Time to knock this one down before it gets started. Over at Andrew Bigg’s blog he has a post up called Academy of Actuaries: Raise the Retirement Age. I am not particularly concerned with the text quoted which actually amounts to some AP guy’s take on an advance copy of what the Academy will actually […]

Minimun wage & teenage employment

In earlier post 2slugs comments about teen employment got me to look at the data. 2slugs pointed out that in June all the drop in employment was teens as employment of over 25s actually rose. He was right, but as I looked at the data what it shows is this seems to be a normal […]

In bad taste….

Hat tip CoRev… ‘We, in Ireland, can’t figure out why people are even bothering to holdan election in the United States . On one side, you have a pants wearing lawyer, married to a lawyer whocant keep his pants on, who just lost a long and heated primary against alawyer who goes to the wrong […]

Pluralising Anecdotes

In the grand tradition of cactus, I have arranged with Videotron for telephone, television, and internet service at our apartment in Montreal starting on Tuesday morning. If all goes well, I hope to blog about it on Tuesday. If all does not go well, I’ll be blogging it sometime after the opening ceremonies of the […]

The Company You Keep

Ah something which I actually know something about. Dana Goldstein has found an amazing fact which, if middle class parents believed it was representative, would make the world (and in particular the USA) a much better place So were the litigious Fairfax parents correct to freak out about South Lakes? Let’s look at the numbers. […]

The Employment Situation

Compared to other cycles the drop in employment this cycle looks perfectly normal, as it is right on the average of the four pre-1990 cycles. The real question is how long employment continues to fall and there was little or nothing in the recent economic data to suggest that employment is on the verge of […]