A good article from the Wall Street Journal. It begins: Is the American Recovery and Reinvestment Act of 2009 working? At the time of the act’s passage last February, this question was hotly debated. Administration economists cited Keynesian models that predicted that the $787 billion stimulus package would increase GDP by enough to create 3.6 […]
Archives for 2009
Raising Socially Literate Children
Keith Ferrazi gives 6 tips for kick-starting thinking on raising kids that are great at online media but bad at in-person interaction. Here’s the first part: Are we raising a nation of teenagers who r omg totally gr8 texters, but total dopes when it comes to managing face to face communication? Your teenage child sends […]
The Good Enough Revolution: When Cheap and Simple is Just Fine
Wired has a good article on “The Good Enough Revolution.” Here’s the gist: “Entire markets have been transformed by products that trade power or fidelity for low price, flexibility, and convenience.”
No Legislation without Participation
Patrick Lencioni has a great article over at The Simple Wisdom Project on the problems that come from the fact that members of congress often do not have to live with the consequences of the laws they pass. Universal health care is the latest example. Here’s a great quote: As it stands today, Congress is […]
The National Debt Road Trip
This is a fantastic visualization of how the deficit spending projected by Obama compares to past presidencies. Really incredible. This video converts the deficit spending since 1900 into miles per hour. Bush was going 63 mph, the fastest yet. Obama’s own projections put him at 173 mph for the next eight years. The video is […]
Resolutions and the New Testament
John Piper had a great article the other day called Let’s Make Some Autumn Resolutions. A resolve — such as a New Year’s resolution or, in the case of Piper’s article, an “autumn resolution” — is essentially something you intend to do, change, or become more of. It can be initiated by a change in […]
The Hidden Cost of Debt (and a rule of thumb on when to use it)
There is a good article at the Personal MBA blog on the nefarious hidden cost of debt. And, although not the point of the article, there is a good section on when debt can sometimes be beneficial. This is often overlooked by those hitting (rightly) the note on the dangers of debt and needs to […]
Marking Man's First Steps on the Moon: Why Did We Go?
Today is the anniversary of the first walk on the moon. In honor of that, here is a great segment from the fantastic book A Man on the Moon: The Voyages of the Apollo Astronauts, summarizing Kennedy in a 1962 speech on why we were going: In the past sixteen months, as Kennedy’s vision had […]
Raising Taxes by a Certain Percentage Does Not Mean Tax Revenues Will Rise by the Same Percentage
A good analogy of this fact from the Wall Street Journal: Mr. Rangel and House Democrats are also banking on the idea that raising tax rates by 20% will raise 20% more tax revenue, but that’s like telling Wal-Mart it can raise prices by 20% and get 20% more profit. When taxes on the rich […]
More Apollo 11 Pictures
Here is an excellent series of Apollo 11 pictures that were sent my way. They cover before the launch, to the launch, to the return. Really well done.
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