by reader ilsm If the capability “gaps” were properly characterized, the whittle this week demonstrates that technical processes are not executed to deliver the capability to close the “gap”. GAO again gives some findings to work from. “A Knowledge Based Funding Approach Could Improve Major Weapon System Program Outcomes”. July 2008. The finding include: “For […]
Since others agreed in the prior post that the depression chart would be better in real dollars rather than nominal dollars I though I would take this opportunity to post this chart. In business cycle analysis if you use NBER official terminology the cyle should be divided into three phases. The first is recession from […]
Moon of Alabama used this chart to chat about Schlaes. GDP numbers according to the Bureau of Economic Analysis (bigger graph) A. Smoot Hawley Tariff ActThe first misstep according to Shlaes was the Smoot-Hawley Tariff Act which increased tariffs on imports to the U.S. by up to 50%. It was put into law in June […]
op-ed by reader coberly SOCIAL SECURITY: Unpacking the Lies Social Security is not difficult to explain. The difficulty comes because EVERYONE has been hearing stories about Social Security that are not true. And they have been hearing them their whole lives, so they believe them in their bones. They do not know that these stories […]
Harpers has an article worth reading on Mukasey and his recent statements regarding former Justice Department hiring practices. Notice the lack of consequences and the lack of actual actions on his part to fix the problem…it is now standard practice from my reading of the statement. The conduct described in those reports is disturbing. The […]
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Before we get to carried away about the impact of the weak dollar on US trade, and especially exports I suggest we look at some recent history. See the previous post. This chart has the dollar inverted, so remember the dollar was strong in the 1990s and weak since 2000. What this shows is that […]
Don Boudreaux at Cafe Hayek requests readers to stay cool and think. To quote: Although I seldom agree with him (her?), I’m glad that Muirgeo has returned to commenting on posts here at the Cafe. Indeed, because I seldom agree with him I’m glad that he’s returned. I ask everyone who comments here to treat […]
Huffington Post has a post on a new proposal from Department of Health Education and Welfare apparently allowing conflation of contraception and abortion for those using federal money in their agencies. Does anyone know more?