Sunday, August 26, 2012
REALITY STRIKES (SLOWLY): New York Times Public Editor’s Last Column Says Paper Has Progressive Viewpoint. I wonder if he's found a new job yet....
YESTERDAY I POSTED my thought that the President Obama's weekly address was nothing more than a campaign speech. It was also campaign fiction; in other words, a lie.
PLASTIC VS. CLOTH SHOPPING BAGS: Let's put a little chlorine in the gene pool. Scroll up for the original post.
Saturday, August 25, 2012
UNEMPLOYMENT: "We Tried Our Plan, and It Worked...."
The only problem for President Obama and his economic team is that too few Americans chose to exit the U.S. civilian labor force as they desired. In order to have achieved their goals, they would have needed to remove an additional 2% of the U.S. working age population from the ranks of the nation's civilian labor force.Well, almost worked. Those obstinate Americans kept looking for work rather than drop out of the workforce altogether as Obama expected them to.
That would be on top of the 2% of the U.S. working age population that they successfully removed from the U.S. work force since January 2009. With the current civilian labor force participation rate standing at 63.7%, that additional 2% reduction in the number of Americans in the civilian labor force works out to be roughly an additional 4.9 million people.
What can we say? Apparently, the President and his team have decided that culling the U.S. work force is a lot easier for them to do than generating real job-creating economic growth.
UNINTENDED CONSEQUENCES: Obama’s Solar Panel Tariffs Threaten To Destroy An American Business. I doubt Romney's position on China trade is any better, but his business acumen may be enough for him to think through the consequences.
BREAKING NEWS: Astronaut Neil Armstrong dies at age 82.
UPDATE: the Fox News story is here.
When Armstrong and Aldrin landed on the moon in 1969, my wife and I were newly married, living in Waianae, Hawaii. We watched the landing in our living room on a Sony MicroTV (4-1/2 inch diagonal screen) which I had bought years earlier while I was working in Okinawa. I still have the TV, although it hasn't worked in years.
UPDATE: the Fox News story is here.
When Armstrong and Aldrin landed on the moon in 1969, my wife and I were newly married, living in Waianae, Hawaii. We watched the landing in our living room on a Sony MicroTV (4-1/2 inch diagonal screen) which I had bought years earlier while I was working in Okinawa. I still have the TV, although it hasn't worked in years.
SKUNK WORKS ENGINEERS develop a laser-powered drone aircraft. I was lucky enough to be able to work at the Skunk Works for several years.
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