As a coincidental follow-up to my recent post, the Slow and Steady Drain, I’d like to share an excellent video from my favorite finance vloggers Two Cents:
It hits all the right notes with regards to what has become a fact-free “vibe-cession”.
Category / Do The Math
Good News yet no Good Vibes
I’m delighted to see inflation coming down. Add to that, all the good news around unemployment, consumer demand, and gains in The Market paints an increasingly rosy picture. It’s all awesome, right?
Not so fast.
Continue reading →Nice math!
Every action is a vote
REPOST: How can a disease with 1% mortality shut down the United States?
There are two problems with this question.
- It neglects the law of large numbers; and
- It assumes that one of two things happen: you die or you’re 100% fine.
Pants-on-fire: $450b out of thin air
This article breaks down promised revenue versus reality. It shouldn’t surprise anyone to learn all presidents promise more in sales than what actually is sold but this analysis lays out how international deals really work. Neither should it surprise that Trump is exaggerating on an epic scale.
Geography does not equal representation
Original author: Michael Phillips
Look at these two photos.
Photo 1 is what we usually see. It leads lots of people to come to the conclusion that most of the U.S. is conservative. And to make lots of assumptions about how those blue areas are somehow stealing elections from all that red.
Photo 2 is a cartogram of the same information, with each square representing both an individual district and an approximately equal population. It gives a MUCH more accurate reading of the state of things.
The point is: land mass doesn’t vote. People do. And whether they live in sparsely populated rural areas or in densely populated urban areas, each vote is worth exactly the same – no more and no less – as any other vote.
Photos from the New York Times election coverage.
Original page citations for the maps can be found at: https://www.nytimes.com/…/results-house-elections.html
Even a little money can go a long way
Even a little money can go a long way towards stabilizing families and giving children a chance at happy lives.
The remarkable thing that happens to poor kids when you give their parents a little money
Win Win
There’s a pretty rational case to be made for income equity. Or we could just burn it all to the ground.
Way To Go, ‘Capital’! You’re Totally Crushing ‘Labor’! A Few More Years Like This And You’ll Win!!!
Henry Blodget
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