Thursday, August 25, 2011
The Angry Bureaucrat
I was going to reply to a couple of recent comments and when I went to do some research, I found this at The Angry Bureaucrat.
Why Balanced Budgets Are Stupid, for Both Governments and Families
”Because the Republicans seem keen on trying to keep this idea on life support, I thought I'd take a minute to explain why a balanced budget amendment is a terrible idea, both for the government and for a household (since Republicans [and, distressingly, Obama too, as of late] are such big fans of comparing government finances to household finances, even though the two have almost nothing in common).”
I liked that. I liked it a lot. So I kept reading and found this:
Cheaper-Than-Free Money: Why the U.S. Government Should Be Borrowing and Spending Even More, Not Less
”Why would I say that in the middle of a fight that has the Republicans and Democrats tripping over each other to see who can cut more government spending? Simple - the real interest rate on (some kinds of) government debt are currently negative:”
And I found this:
Pie Chart of the Day - What do the Unemployed Spend Their Time Doing?
”Most people who pay attention to what's going on know that the unemployment rate is high - just over 9% at the moment. In addition, another 16% of workers are underemployed - i.e. they are only working part-time when they'd like to be working full time. So, 25% of workers have a lot of time that they'd like to be working but aren't - what do all of these people spend their time doing?”
I’ve decided it would just be easier to add him to the blog roll. (My! I’m getting to be positively spontaneous aren’t I?)
Keep those cards and letters coming folks. The recommendations are always nice and even a negative comment will either inspire me to do better or...cause me to find a great new blog.
August 25, 2011