Don’t you just love it that when the Democratic Party is in power, all the GOP can discuss is the increasing debt. And, once the GOP takes power, they forget all about the debt and suggest a tax reduction for the rich that will add trillions of dollars to our debt and render the budget inflows to be a small percentage of the budget outflows.
A few years ago, my district was represented by a fellow that truly ticked me off. Over the course of a few years, there was (more than) a hint that he might have borrowed money from folks’ stock accounts, that he beat his wife, that he had a physical argument with a young (10ish) child. Oh, and after he promised he would never vote for a change in the bankruptcy bill, he did- and this one really favored the banks. Amazingly, he acquired a new mortgage for his home shortly after the vote- for about 100-105% of its value, which secured his divorce.
Way back when I went to college (no, the dinosaurs were not roaming the earth then), a standard BS (that’s a Bachelor of Science, folks) in chemical engineering demanded the completion of 144 credits. Given that this is a technical program- and three hours labs only yielded 1 credit- plus there were 14 lab courses to be completed), it meant some 2580 hours of instruction. Part of that curriculum included two courses in aeronautical engineering.
Big data. Correlation vs. causation. Most people think that it’s imperative that we harness big data to find any correlations that exist. Without once determining what the theory is that could substantiate the correlation. (If you check back to my 19 April post, you will find the references to determine what is wrong with this concept.)
There is a growing realization that high growth for many nations is no longer in the cards. Oh, if you live in one of the developing nations of Africa- you can say this is wrong. But, even in China, which is slowly entering that state of economy that includes Israel… While neither which is officially a “First World” nation, they are, for all intents and purposes, there- and their growth rates are so demonstrating. Robust growth- growth over 3-4% over 5 years or more- is something that will only occur in those states that are becoming industrialized, not for those with existing corporate/services infrastructure.