Friday, May 31, 2013
Tuesday, May 21, 2013
We have a federal government that is borderline inept. Maybe this is an exaggeration. Maybe it is an accurate statement. I know that there are many good people in Congress, but I really don't think that the federal government was designed to be this big. And it shows in endeavors in which the government needs to come together. They don't.
Monday, November 12, 2012
Saturday, October 06, 2012
I've recently tried researching a topic that's hard to pose as a question to Google: which jobs pay the most per hour of work? For instance, many high paying jobs require ludicrous hours. Also, most high paying jobs require expensive training, which if you consider the opportunity cost of not working, that's really deductions factored in to the hourly rate. But for some jobs, all that training really pays off, for instance a surgeon can do one procedure and earn enough for a down payment on a house. On the other hand, some jobs allow for one time work that gives residual income requiring little or no further work or even marketing, like app development. Plus, some jobs may at first require ridiculous hours, like starting your own business, but then you can sell it for a boatload. So now I pose this question to you blogosphere and twitter sphere: which jobs provide the most pay for each hour worked.
Monday, September 03, 2012
You may be wondering what inspired this post? Jamaica, O&B, Little Broken Heart, President Obama, Virginia humidity, and grease.
Saturday, September 01, 2012
Every once in a while, I read this blog (Conscience of a Liberal) by NY Times columnist and renowned economist Paul Krugman. I like his witty and intelligent writing style. I read his blog to get another perspective to the classical economists that free market conservatives tend to gravitate towards. Paul Krugman very regularly posts scathing pieces on Romney, but it seems that ever since team Mitt tipped its hat to Paul Ryan, the Krug has been on a mission to rip the prospective VP and his fiscal hawkishness to pieces. That's great, right, because when Paul Ryan was declared the Veep, both sides agreed that now it was going to be a battle of two distinct ideologies. So let the debate begin.
Here is some logic that I wanted to pick apart (read the entire article here). One of Krugman's biggest argument is that Ryan's plan will cut federal spending but at the same time cut many more trillions of dollars of revenue in the form of tax breaks. This, he argues, translates into serious budget problems. $4.3T in tax cuts with only $1.7T in federal government spending cuts = -$2.6T. However, even assuming that these are true and not oversimplified facts of Ryan's plan, there is a very large assumption that is going on here. Do you see it? When you cut the federal government's capacity to raise revenue (freeing up people to spend it) and you also cut the size of the federal government's role in people's lives, that is not going to have an effect on growing the economy. This is a simplified example of a very complex tax system, but it's similar to saying that the taxpayer that goes from paying $100k to $80k because he has to pay less in taxes is going to stuff that extra $20k that isn't going to the government either in the mattress or shipping it to an overseas account. Even if he shipped it to the overseas account, in this increasingly interdependent world, it's hard to say that money would not have an effect on economic growth. Anyway, that is the assumption, and I don't know if it's a good assumption to make.
Friday, June 22, 2012
You've gotta learn to listen to your body. It tells you what's going on, you just don't believe it a lot of times. Maybe sometimes there are multiple variables and you may not want to jump to a certain conclusion, but listen to your body man.
That was just a rant from my body. I would tend to agree with my body. The problem is that a lot about understanding what your body is playing it out. If you end up predicting something correctly, it's easy to get cocky about your skills. Much like it's easy to play the quarterback role Monday morning. Its much more feasible to diagnose yourself after processing all the different variables. But that communication from your body was there the whole time. You just had to be listening to it.
Here is my current diagnosis, get yourself and your thoughts as far away from work as possible this weekend!