Working Life

Back in the day when I, reluctantly, took statistics (barely passing, is my recollection), the favorite cliche making the rounds was, “There are three kinds of lies: lies, damned lies, and statistics.” (as an aside, there is some dispute about whether Mark Twain correctly attributed the saying to British Prime Minister Benjamin Disraeli but whatever). […]

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A basic economic truism: if people don’t have money to spend, stuff won’t get bought. Sounds like a Yogi Berra observation? Anyway, it’s just another day showing why the idiots running economic policy are, well, idiots.

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