The debt buildup continues to melt up, with another $483B in “stimulus” heading somewhere, after the previous $2T. And there will be more–count on it. And that doesn’t include the Fed’s monetary “whatever it takes” policy of buying bonds and other assets, to include state and local government debt. Fed assets are up over $2.5T […]
Archives
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Bailout vs Bankruptcy
26 Apr 2020
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Neighbor Love Matters More Than Your Rights
17 Apr 2020
Americans of all stripes and sides assert their rights. Religious Americans are no different. In some ways, this is glorious. We should be jealous of our rights. After all, we believe they are OUR rights. The Declaration claims government exists to secure those rights–not “grant” them or “recognize” them, but to secure them. Advocating for […]
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Let’s not Waste the Coronavirus Crisis
16 Apr 2020
You never let a serious crisis go to waste. And what I mean by that it’s an opportunity to do things you think you could not do before. Rahm Emanuel Progressives boldly suggested that the 2008 financial crisis should not go to waste. As Rahm Emanuel argued, it was possible to use it as a […]
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The President and the Pandemic
15 Apr 2020
I have the ultimate authority. President Donald Trump, April 13, 2020 Mt. Trump was built with a shovel. It started with “rapists and thieves,” which was quickly followed by “I like people who weren’t captured.” The dirt pile became a hill and grew into an overwhelming peak. “I got a beautiful letter.” “Mexico is gonna […]
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What is a Model? Data and Covid-19
10 Apr 2020
**This is a follow-up on a previous post about Covid-19 and innumeracy** So, what’s a model? I was not much into model cars or planes as a kid, but I made a few. I had a phase that included extra glue, rubber cement, paints, and brushes. Done well, models are shiny and attractive. Expensive model […]
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Covid-19 & the Costs of Innumeracy
26 Mar 2020
To avoid panic, understand numbers. As we hunker down for the foreseeable future, many Americans are using their newly found free time to scour the world for news of Covid-19. As a story, the pandemic has many prongs, but most of them, at least outside the immediacy and tragedy of struggling patients and medical workers, […]