Here.
Tuesday, February 11, 2020
Monday, February 10, 2020
OK geezer
Whatever happened to 65 and out? ... Can you name a single institution of American life that’s functioning better today than it was before the boomers took over?
Matthew Hennessey must be like 120 years old to know how things were before the boomers took over.
Someone really should tell this guy full retirement age is 66-67, not 65, for people born in 1943 and later. To get what people used to get at 65, THEY MUST WORK LONGER.
There are 10.347 million 65 and older working in 2019 on average. The 65s were born in 1954. There's 4.07 million right there. They hit full retirement age this year, at 66. But after that it starts stretching out: 66 years 2 months if born in 1955, then 66 years 4 months, and so on until 1960 when full retirement age is 67 years old. And there's over 4 million in each of those years, too. So you think it's bad now, just you wait Henry Higgins, just you wait.
Go ask these people if they wish they could retire already. A majority of them would rather be among the 42 million their age who are no longer in the labor force. And that will become more true with every passing year. Believe me.
Meanwhile 48 million GenXers are employed. They are not being stifled by 10 million who refuse to retire.
Spending in 2020 on Social Security, Medicare and Medicaid to hit $2.19 trillion
[S]pending on the “big three”—Social Security ($1.1 trillion), Medicare
($679 billion) and Medicaid ($418 billon)—will be approximately $2.19 trillion in 2020, nearly three times more than defense spending ($738 billion).
Sunday, February 9, 2020
Climate update for Grand Rapids, Michigan, January 2020: We're all going to die :)
Climate update for Grand Rapids, Michigan, January 2020
Max temp 49, mean 48
Min temp 11, mean -3
Average temp 31.3, mean 23.8
Precipitation 3.65, mean 2.07
Snowfall 11.5, mean 18.5
Heating degree days 1036, mean 1270
HDD season to date 3436, mean 3756
Minimum temperature was tied for 7th highest ever for a January.
Average temperature was the 6th highest ever for a January.
Precipitation was the 14th highest ever for a January.
Heating degree days were the 6th lowest ever for a January.
Season to date the winter has been 8.5% warmer than the mean using heating degree days, but still 7.9% colder than the 2011-2012 season to date of 3183 HDD. The 2011-2012 full season was the warmest winter on record in Grand Rapids using HDD.
This box of rocks graduated with honors from Boston University with a BA in international relations and economics in 2011
John Maynard Friedman strongly disagreed:
How can I accept the Communist doctrine, which sets up as its bible, above and beyond criticism, an obsolete textbook which I know not only to be scientifically erroneous but without interest or application to the modern world? How can I adopt a creed which, preferring the mud to the fish, exalts the boorish proletariat above the bourgeoisie and the intelligentsia, who with all their faults, are the quality of life and surely carry the seeds of all human achievement? Even if we need a religion, how can we find it in the turbid rubbish of the red bookshop? It is hard for an educated, decent, intelligent son of Western Europe to find his ideals here, unless he has first suffered some strange and horrid process of conversion which has changed all his values.
Saturday, February 8, 2020
Friday, February 7, 2020
The second round of voting in Iowa was undemocratic and corrupt, as this example of vote-padding plainly demonstrates: Just go with the first round totals and be done with it; there's no other way to fix it
You can't keep voting until they say that you got it right and still call it democracy. Bernie won the first round decisively.
Missing full-time jobs in January 2020: 6.3 million
Previous peak for average full-time as a percentage of population: 2006
Percentage @ peak: 52.3%
Percentage in Jan 2020: 49.85%
Full-time in Jan 2020: 129.379 million
Full-time in Jan 2020 @ 52.3% of 259.502 million: 135.719 million
Missing full-time: 6.34 million
Bernie was the overwhelming first choice in the Iowa Democrat Caucus, and that's all that matters
In the second round, Biden bled out 2,693 votes, Klobuchar 1,288 votes, Yang a whopping 7,041 votes, and Steyer 2,670 votes. All of that is simply rearranging the deck chairs on their Titanic candidacies.
Bernie picked up just 2,155 of these 13,692 "anybody but Bernie" votes, but still he came out on top.
Case closed.
Bernie was right in 2015 and it's even worse now: Real wages of men are lower than they were 45 years ago, a fiasco
The median earnings of men working full time year-round in 2018 ticked up to $55,291. Adjusted for inflation, this was below the amount they earned in 1973, according to the annual data trove released by the Census Bureau today. In other words, there has been a “real” income decline for men over the past four-plus decades! ... [M]en’s real earnings are a fiasco.
LOL: Donald Trump's crackpot 35% unemployment in February 2016 is 37% today
Jeffrey Snider:
In February of 2016, then-candidate Trump deployed his typical
grandiose, exaggerated style after his win in the New Hampshire primary.
“Don't believe those phony numbers when
you hear 4.9 and 5 percent unemployment. The number's probably 28, 29,
as high as 35. In fact, I even heard recently 42 percent.
[T]he once fake unemployment rate has become his primary campaign symbol.
[T]he once fake unemployment rate has become his primary campaign symbol.
Big Fat Idiot Rush Limbaugh 2/5/2016:
We have an audio sound bite here from Obama ... He was heralding first-time unemployment rate as being under 5% for the first time in seven years ... Well, there’s a reason he said it. It’s because it’s the only way you
can ignore the 94 million Americans not working, not in the labor force ... This is an abject joke. It’s a total joke.
Thursday, February 6, 2020
Jonathan Turley is rightly upset by Nancy Pelosi's demolishing of decades of tradition
But she's a radical, a revolutionary, an enemy of America. Should we expect less?
The country hangs by a thread.
[S]he should resign as the speaker of the House of Representatives.
In this precinct in Fayette County Iowa 69 appeared to vote in round one, 70 in round two
And then for viability to get to round two 69 is crossed out and 70 penciled in, but for assigning delegates after round two it's back to 69 again even though 70 voted in round two!
The extra vote appears to come from the final "t" in "Bennet", which is scratched out in round one, where the "t" appears to have been misread as "1".
Two conflicting methods of rounding are also used. Any decimal is rounded up to the next whole number for viability purposes, but for apportioning delegates the traditional .5 or above rule is used. BootyJudge got only 3 delegates this way, leaving one delegate of the 8 unassigned, but he was given the extra delegate, correctly, because he was the overall winner.
Democrat math, where every vote counts until it doesn't.
Good enough for government work.
Treasury Secretary Mnuchin is muting expectations for 2020 GDP growth as Wall Street predicts a pathetic 1.8%
“I think our projections have been reduced because of Boeing and
other impacts,” he told the Fox Business Network from the White House.
“I think we would have hit 3%, but again, Boeing has had a big impact on
our exports, being the largest exporter.”
“I think that could be 50 basis points or not more,” he added. ...
Wall Street consensus forecast for 2020 GDP is around 1.8% and the Federal Reserve’s forecast is 2%.
Wednesday, February 5, 2020
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