Banzai7′s Rube Goldberg Machine
“Modernized Phillips Machine”, by the great WilliamBanzai7.
Ron Paul: Forget about cutting NPR, Get the hell out of Afghanistan
I really, really hope he runs in 2012.
Related: This post over at LewRockwell.com.
On the Faux-Jobs Recovery
Last five years ain’t pretty on the job front. And baby boomers are just now starting to retire.
At first glance, the chart below doesn’t look too horrific on a long-term basis.
Chart via Zero Hedge (I really hope they keep that site free. It is invaluable).
One thing they didn’t note about employments percentages, though: Recall that women in America made up only 31% of the work force in 1964. Today, that number is closer to 49%.
I nearly failed business-stats in college, but I believe that when averaged out, an increase from 31% of women in the workplace to 49% (18%) would reflect an 9% artificial boost to that percent of population-employed chart.
Either way, it’s a bad-lookin graph. And on top of that, as living standards, spending, and borrowing rose in America, so did total hours worked. How many hours can Americans work? 50? 60? Till they’re 80? Hyperbole, of course. But it’s an important topic.
All these 65″ LCDs and McMansions are not without their price. Some of the “affordability” of these items is due to better productivity, but much relies on consumers working more, borrowing more. And on the private sector improving productivity, which should be reflected more in the form of lower consumer prices, but is counteracted by constant easy-money from the Fed.
WilliamBanzai7 presents Oscon 2011
Go here to see William Banzai’s latest brilliant insanity on ZH.
Here are two I liked.
Ok, maybe that’s only funny if you’re raising a toddler, like moi.
Gold.
