jgeada

31 ms·

361.
by jgeada 11y ago
Agreed 100%. I don't mean to imply that we should just arbitrarily add to the debt; my intent was just to point out the fallacy of the "sky is falling" type of argument around our debt. Historically, however, inflating ones w
362.
by jgeada 11y ago
Our debt is in dollars. You know, those things that can be arbitrarily printed by the government anytime, and created out of thin air by financial institutions (aka leverage). We can never run out of dollars.
363.
by jgeada 11y ago
Article seems heavy on faith and assumptions with surprisingly little justification for the assumptions on those Laffer curves. For context, monthly capital movement through the stock market is in hundred billion dollar range (28,835,420,91
364.
by jgeada 12y ago
Yeah, that paragraph basically blew the entire article for me. The analog version would be stating that including the Dewey Decimal(1) reference for another book in my book/article is the same as violating copyright or stealing. Absurd
365.
by jgeada 13y ago
If the US would just stop procuring "perfect" aircraft that are all things to all men, the aircraft might just be cheap enough that we could afford to buy them. As it is we end up in a cycle of funding too-expensive aircraft with
366.
by jgeada 13y ago
I heard somewhere an interesting distillation of creativity: - if something is obviously a good idea, it would already be the way things are done. Creativity largely ends up coming up with good approaches that are not immediately obviousl