Sunday, March 29, 2009
Friday, March 27, 2009
Economy Fixed!
This was an article from the St. Petersburg Times Newspaper on Sunday. The Business Section asked readers for ideas on "How Would You Fix the Economy?" I thought this was the BEST idea. I think this guy nailed it!
Dear Mr.President,
Patriotic retirement:
There's 40 million people over 50 in the work force; pay them $1 million apiece severance with stipulations:
1) They leave their jobs. Forty million job openings - Unemployment fixed.
2) They buy NEW American cars. Forty million cars ordered - Auto Industry fixed.
3) They either buy a house or pay off their mortgage - Housing Crisis fixed.
Dear Mr.President,
Patriotic retirement:
There's 40 million people over 50 in the work force; pay them $1 million apiece severance with stipulations:
1) They leave their jobs. Forty million job openings - Unemployment fixed.
2) They buy NEW American cars. Forty million cars ordered - Auto Industry fixed.
3) They either buy a house or pay off their mortgage - Housing Crisis fixed.
Thursday, March 26, 2009
Tuesday, March 24, 2009
Is the professor wrong?
An economics professor said he had never failed a single student, but had once failed an entire class.
The class (students) insisted that socialism worked since no one would be poor and no one would be rich, a great equalizer. The professor then said, "OK, we will have an experiment in this class on socialism."
"All grades will be averaged and everyone will receive the same grade so no one will fail and no one will receive an A."
After the first test the grades were averaged and everyone got a B. The students who had studied hard were upset while the students who had studied very little were happy..
But, as the second test rolled around, the students who had studied little studied even less and the ones who had studied hard decided that since they couldn't make an A, they also studied less. The second Test average was a D.
No one was happy. When the 3rd test rolled around the average grade was an F.
The scores never increased as bickering, blame, name calling, all resulted in hard feelings and no one would study for anyone else.
To their great surprise all failed. The professor told them that socialism would ultimately fail because the harder people try to succeed the greater their reward (capitalism) but when a government takes all the reward away (socialism) no one will try or succeed.
The class (students) insisted that socialism worked since no one would be poor and no one would be rich, a great equalizer. The professor then said, "OK, we will have an experiment in this class on socialism."
"All grades will be averaged and everyone will receive the same grade so no one will fail and no one will receive an A."
After the first test the grades were averaged and everyone got a B. The students who had studied hard were upset while the students who had studied very little were happy..
But, as the second test rolled around, the students who had studied little studied even less and the ones who had studied hard decided that since they couldn't make an A, they also studied less. The second Test average was a D.
No one was happy. When the 3rd test rolled around the average grade was an F.
The scores never increased as bickering, blame, name calling, all resulted in hard feelings and no one would study for anyone else.
To their great surprise all failed. The professor told them that socialism would ultimately fail because the harder people try to succeed the greater their reward (capitalism) but when a government takes all the reward away (socialism) no one will try or succeed.
Thursday, March 19, 2009
Friday, March 13, 2009
Huh?
If they gave out Olympic medals for fiscal irresponsibility, President Bush would take the gold, silver and bronze.
-- North Dakota Sen. Kent Conrad, July 2008, commenting on a projected 2009 deficit of $482 billion.
I would describe it as a good beginning.
-- Sen. Conrad, February 2009, commenting on President Barack Obama's 2010 budget.Projected deficit: $1.75 trillion.
-- North Dakota Sen. Kent Conrad, July 2008, commenting on a projected 2009 deficit of $482 billion.
I would describe it as a good beginning.
-- Sen. Conrad, February 2009, commenting on President Barack Obama's 2010 budget.Projected deficit: $1.75 trillion.
Tuesday, March 10, 2009
Only a government would do this.
TAL is a really interesting radio show/podcast. This episode includes a story about the NY Board of Education. I file it in the "this weeks sign that the apocolypse is upon us" file.
This American Life 350.
Rubber Room Movie.
Can you imagine a non-governmental entity doing this?
This American Life 350.
Rubber Room Movie.
Can you imagine a non-governmental entity doing this?
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