Politicians won’t let a good tragedy go to waste:
Totalitarianism in Plain Sight
This is how our modern government works: cause trouble, create a tragedy, then blame private individuals. Government created a housing bubble, which burst around 2007, and promptly blamed greedy bankers. Government ordered the military to stand down in Benghazi and an ambassador was killed, and they blamed a private film on Islam. Now, after denying schools the ability to secure themselves and mass shootings continue to occur, they blame gun ownership. It is tyranny in plain sight, which they are using to further their totalitarian policies.
I have become very enthusiastic about “Baby Led Weaning” where jar food is skipped altogether!
Skip Jar Food!
Let your baby eat whole, solid foods by him or herself from the beginning to encourage a taste for a wide variety of foods, a healthy relationship with food, and independence.
Because economic literacy is so vitally needed, I am again sharing On Demand Side Economics for free until Monday. Please share with family, friends; post on email lists, blogs, facebook!
“The average person works and accumulates savings over 40 years in order to retire. From the time they start to the time they finish, assuming only
2% inflation per year, prices will have risen by 221% (1.02^40). Assuming 3% inflation per year, prices will have risen 326%. So, if you make $50,000 when starting your career, you will have to save over $150,000 to maintain a similar lifestyle for one year only by the time you retire. Literally, we will all need to become millionaires.”
On Demand Side Economics
I am trying to answer the question: “Why is life so expensive?” Figure 12 has an interesting chart. It is the fixed costs of a family comparing 1970 to 2004. Mortgage costs have increased by 166%. Car maintenance by 150%. Taxes? 220 PERCENT! Or, in numbers, per year: Mortgage increased by $4,000; car by $3,000; taxes by $12,000! And daycare, generally unneeded in 1970, adds another $12,000. Numbers already adjusted for inflation.
IMO, these are the reasons for why life is more expensive now: Inflation has gutted wealth and wages, there are more taxes for an average family, and housing and college prices have skyrocketed. I blame monetary policy for the latter. From 1970 – 2010, wages grew by about 25% while fixed costs (mortgage, car, health, childcare, and taxes) grew by 235%. It’s simple: IT’S THE GOVERNMENT, STUPID.
Slide 35 has a chart comparing GDP/family and family income. Around 1970, GDP/family skyrocketed but income rose at a slow pace. Thoughts? I think it supports a theory that inflation causes prices to go up (thus also profits (GDP)) but this does NOT cause an increase in wages. Thus, as the presentation states, it requires TWO income earners to keep up.
Newborns Should Not be Forced on Their Mothers’ Chests Every 2 Hours After Birth
I have written about this in a few articles but I thought it needed its own article due to how pervasive it is and how much damage it causes. If you know a pregnant woman, please consider sending this to hour as food for thought.
“Like a pendulum, the course of most sciences and philosophies swing between usually two competing ideas. However, also like a pendulum, with each swing to one side or the other, it does not go as far as it did the last time. The two ideas swing, back and forth, getting ever closer and closer to the perfect truth in the still center.
With delivering a baby and the days/weeks that follow, the two competing ideas loosely described are one that is mother-centered and one that is baby-centered. The pendulum right now is on the side of being baby-centered, particularly when it comes to breastfeeding. In my opinion, it needs to swing again, perhaps one last time, towards the perfect truth in the still center.”
Obama Bares His Socialist Teeth
“It is universally agreed that if someone works hard for something, it should be theirs. It would be unethical to take it. But if what people got was just pure luck and chance, let the looting begin. Obama’s view of businessmen is a pre-condition to the abuse he has and will dish out to them. ”
Daniel Defoe’s Response to Obama: Robinson Crusoe
“My guess is, while at Harvard, Obama did not read Robinson Crusoe. That would have got in the way of the lectures on how society is unfair, the American dream is not possible for minorities and women, and how human nature is depraved.”
This is what I do for a living and I think I’ve gotten quite good at it. This is my philosophy on testing that, I think, drives my success.
The Art of Testing
“You will always hear me defending the need for testing. Any product or service can be tested. Testing brings objectivity to assessing the quality of a product. I consider testing to bring eyes to a product. I imagine it like an inspector in a manufacturing shop looking at a piece through a magnifying glass. He knows every important measurement about that piece and if it passes or fails. There is often an attitude that testing is beneath people; that some products or skills are just so sophisticated they are not subject to objective metrics. This attitude is adopted, for instance, when assessing students with standardized tests. This is nothing more than arrogance and unwarranted ego. I face this very attitude over even technical products. We dont need a test for that it will surely work. This is the bane of my existence and I laugh at it! Every single time someone has said this, there has been a problem with the product. Every single time. Ive never made a test that didnt end up being valuable. I think people are opposed to testing as they dont want eyes on them for what those eyes will find. If you want a quality product, you must have testing. Period.”
As a birthday gift from me to you all, I am offering On Demand Side Economics for free on Amazon Kindle until this Saturday! Please share with your friends. From a review:
“Pawlik manages to successfully destroy Keynesian economic theory in a manner even a high school student should be able to understand. Good reading for anyone who is following the debt crisis in America […] This essay is an excellent start point for anyone wishing to begin their economics education – no matter their political leaning. ”
On ‘Demand Side’ Economics: Why Spending Cannot Improve an Economy but Freedom Can