What a Difference a Day Makes February 11, 2016Posted by Retired Geezer in Family, Music.
An amazing performance by an eight-year-old girl.
The White House’s FY2017 Budget: Deficits February 11, 2016Posted by geoff in News.
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Yesterday we saw that the government spending was going to increase to over 22% and seemed to be continuing upward. You might well ask what that bodes for deficits. Well, it turns out that the White House is not projecting a significant increase in deficits – only about 2.5% in the future:
The only way this can be true is if they’re projecting a lot of revenue, which they are:
The White House’s FY2017 Budget: Outlays February 10, 2016Posted by geoff in News.
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You’ve probably heard that the president’s spending budget for FY2017 is a record-setting $4.1 trillion. But the number itself doesn’t tell you much – you need to compare it to the GDP for it to be meaningful. And of course looking at the number for one year doesn’t give you any context.
What you need, my friend, is a chart:
Yes, the Obama administration is happily projecting expenditures that, with the exceptions of the Great Recession and WWII, are among the highest we’ve ever seen. And they don’t seem to be temporary like the previous high points – it looks like they’re here to stay.
[Over the next few days I’ll be posting on some of the other aspects of the budget.]
A Philosophical Defense of the Right to Bear Arms February 8, 2016Posted by Sobek in News.
I present to you an essay that I started formulating in my head as I read about a Danish teenager who is being fined by her government for fighting off a rapist. This is an essay in six parts, entitled, “A Philosophical Defense of the Right to Bear Arms.”
Export Growth Continues to Defy President February 8, 2016Posted by geoff in News.
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The president’s promise to double exports in 5 years expired almost a year ago. Even so, I’ve continued to track exports just to see if there’s any life there. After all, the president told us all that growing exports was a critical part of his economic recovery plan, so for him to take credit for the modest recovery we (belatedly) see today, you’d think that exports would eventually be showing strong growth.
But as all things with Obama, what he touches* turns to poop. Here’s your poop for the day:
*I don’t think he actually has to touch it. He can just look at it, or mention it, or walk by it…
Designated Driving; Extreme Precocious Style February 8, 2016Posted by geoff in News.
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There were a lot of anti-drunk driving ads during the Super Bowl yesterday. Apparently one Wisconsin couple really took them to heart:
A drunk Wisconsin couple is facing felony charges after allegedly letting a nine-year-old girl drive them home in an attempt to avoid a DUI.
When Polk County deputies pulled the car over, they found Eggert’s nine-year-old daughter behind the wheel and an 11-month-old baby strapped in a car seat.
Dancing Traffic Light February 7, 2016Posted by Retired Geezer in Crime, Fashion.
How are things in your town?
Where the Fox Lives February 6, 2016Posted by Retired Geezer in Science.
Short answer: In the Pipe.
Mrs. Geezer sees this fox about once a week when she feeds the horses.
Her den is pretty close to the houses
Uh oh, spotted.
Ready to dive in the pipe. She probably has babies in there.
Manufacturing Jobs Continue to Disappoint President February 6, 2016Posted by geoff in News.
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(Just kidding: he doesn’t really care)
The president loves to boast about his economic accomplishments, even though our weak gains are five years late, and even though every single economic policy he has enacted has been a failure. One of his big economic pushes was to add 1 million manufacturing jobs in 4 years. That’s a great idea, but he ever had the slightest idea of how to accomplish it.
Nor, I suspect, did he lose any sleep over it.
In September of this year it’ll be official, he’ll have broken his million manufacturing jobs promise. How can I be so confident? Well, here’s how he’s doing so far:
And that little uptick this past month is undoubtedly due to BLS seasonal adjustments.
Government is Just a Word for Doing Things Together… February 5, 2016Posted by geoff in News.
From Los Angeles:
Los Angeles County spends close to $1 billion a year caring for and managing homeless people, with a majority of the money going to their health needs, according to a new report.
Quite a bit of dough – how many people does that help?
The study, produced for the county chief executive office’s homeless initiative, examined costs for 150,000 single adults who experienced homelessness during a 12-month period in 2014-2015.
They didn’t bother to do the math, but that means it costs LA County $66,667 per year to deal with one homeless person. And at the end of that year, the number of homeless people hasn’t changed.
The poverty level for a single person is $11,770. The median income for a single person in 2012 was $27K. How can LA manage to dump that much money into the homeless situation and change nothing?
The answer, of course, lies in all the government mouths to feed along the way, and the inefficiency that always accompanies activities that aren’t driven by profit.
Mrs. S Just Squeezed a Little Human Into the World February 5, 2016Posted by Sobek in News.
And it’s a perfect little girl.
January 2016 Employment Situation: Still Creepin’ February 5, 2016Posted by geoff in News.
BLS released the latest employment data. And here’s the IB employment chart, which shows us inching along toward recovery (same as it’s showed for the last 6 years):
Maybe another 5 years at this rate?