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Weekend links

* This and a number of today’s other links are courtesy of Shel, who’s been very busy surfing.

22 Comments

  1. M
    M June 10, 2018 6:41 am

    One Kind Remark – heart touching and revealing.

  2. Comrade X
    Comrade X June 10, 2018 9:52 am

    The kind remark hit very close to home today and was forwarded to someone who it would very much help through a hard time methinks.

    Thanks Claire.

  3. Mike
    Mike June 10, 2018 12:08 pm

    That link to stuff off copyright was great, thank you, Claire for posting that.

    About tRump and his quest for trade wars via tariffs… Between the US, Canada and Mexico, there are approximately 500 million people who comprise 7 percent of the world’s population, together they produce 29 percent of the world’s wealth. Free trade has allowed America to reach very high levels of prosperity and a historically low unemployment rate of 3.9 percent and tRump wants to piss that all away. Meh, it doesn’t matter. It’s looking like America has a very good chance of experiencing dystopia firsthand in the near future, all because your imperious leader is an idiot.

    https://www.bnnbloomberg.ca/bernanke-says-u-s-economy-faces-wile-e-coyote-moment-in-2020-1.1089585

  4. ellendra
    ellendra June 10, 2018 12:30 pm

    In the re-staging of the Marshmallow Test, I couldn’t help but notice, it says the first study ” tracked how children went on to fare later in life.” But the re-staging compared them “in terms of standardized test scores and mothers’ reports of their children’s behavior.”

    Does anybody here think standardized test scores are the same as succeeding in life?

  5. fred
    fred June 10, 2018 2:29 pm

    I thought the marshmallow was interesting in that poor kids take it now,where richer kids were able to wait.Poor kids take it when they can get it,makes sense.

    And that poor kids are more likely to wind up poor than more privileged kids,that weve seen elsewhere.Just more opportunity.

  6. fred
    fred June 10, 2018 3:03 pm

    IDK Mike,Im not buying 3.9% unemployment any more than Im buying 2% inflation.
    Im with the Founders,gov should be run on Tariffs.Put on tariffs,give us back our income tax,sure would put the brakes on the fed gov.

    For starter,would stop deficit spending on the war machine.they would have to sell war bonds.

  7. fred
    fred June 10, 2018 3:10 pm

    ^^^^^ IMO of course.

  8. Art Eatman
    Art Eatman June 10, 2018 3:16 pm

    Life’s success varying with “defer gratification” vs. “have it now”? Hmm. Some imaginative sort might come up with a comparison between ants and grasshoppers as a modern fable.

    Oops.

  9. Claire
    Claire June 10, 2018 7:27 pm

    “The Orthodox Presby’s male volunteer has even grown his beard large enough to fashion a survival shelter for him and several other allied denominations in a pinch …”

    LOL!

  10. Claire
    Claire June 11, 2018 5:00 am

    I can’t speak for fred, but I don’t believe he was questioning the existence of those numbers, but was questioning their veracity.

    For instance, if you achieve 3.9 percent unemployment only by ignoring those who are so discouraged they’ve quit looking for work … you don’t have 3.9 percent employment. You have propaganda.

  11. Comrade X
    Comrade X June 11, 2018 8:19 am

    When almost a third (or more) of the (could be) working population is on the government dole (one way or the other) the real unemployment rate would be greater than that of the great depression (which didn’t have this massive government dole) but when that dole goes bust (which it will) then tell me what the unemployment rate will be then?

  12. ellendra
    ellendra June 11, 2018 12:19 pm

    According to BLS.gov, the labor participation rate is approximately 63%. If accurate (big if), then the unemployment rate could be said to be ~37%.

    Which is probably also inaccurate, but should at least be closer to the ballpark.

    Source: https://data.bls.gov/timeseries/LNS11300000

  13. Art Eatman
    Art Eatman June 11, 2018 8:31 pm

    I much prefer the numbers at John Williams’ http://www.shadowstats.com to those of the BLS. Using the methodology of the 1930s, unemployment is around 23%.

    Using pre-Clinton methodology, consumer price inflation is near 10%.

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