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Bad logic and flawed data extrapolation in the title and graph. You can't extrapolate percentages linearly over large amounts, otherwise by the year 2550 there
by triMichael 10y ago
Bad logic and flawed data extrapolation in the title and graph. You can't extrapolate percentages linearly over large amounts, otherwise by the year 2550 there will be 125% unemployment. As usual, relevant XKCD: https://xkcd.com/605/ https://xkcd.com/605/
- pboutros 10y agoI don't think the findings are all the flawed -- you see similar %'s in other developed economies. It's not like Lawrence Summers just extrapolated the data and relied only on that!
- triMichael 10y agoI edited my comment to say title and post. After reading a bit more thoroughly I realized he doesn't blindly use the graph data. But that title on the post is sure misleading! I guess the article title "A disaster is looming for American men" was a bit too vague for HN, but I think the replacement title is flawed.
- nijiko 10y agoExactly what I came to comment, thanks.