Q4 GDP Tracking: Mid 2% Range
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From Goldman:
We left our *Q4 GDP tracking estimate unchanged at +2.4%
(quarter-over-quarter annualized)* but boosted our Q4 domestic final sales
forecas...
3 hours ago
4 comments:
Past 13 years we've also added $400B/yr to our defense spending, a food stamp program in disguise.
http://research.stlouisfed.org/fred2/series/FDEFX
$400B / $50k/yr is 8M jobs
wonder where the money is really going, but at any rate this decade is going to be like the 1990s for the military, a lot of people getting pushed out of the service.
Had a highschool bud finish Annapolis in '89, the Red Empire fell when he was starting nuke school.
A naval career doomed from the start.
Troy,
Past 13 years we've also added $400B/yr to our defense spending, a food stamp program in disguise.
It is. Here is another food stamp program in disguise (no disrespect intended to our military).
The costs of the governor's planned prison contracts vary, from $26,000-a-year to house a prisoner out of state, to $30,200 within California — far below the $62,400-a-year California will spend on those in its own prisons. However, contractors take only the healthiest inmates, leaving California with the costlier and higher-risk population.
Budget records show California employs one prison worker for every two inmates, while private prisons outside of the state have one worker for every 36 inmates.
. . .
Paying people $500/week to play xbox all day doesn't look so bad.
Certainly solve the minimum wage problem. We could abolish it, since all employers would be competing with the xbox leagues for their workers.
Just another reason to move to Japan. Japan's prisons are very Japanese, and not in a good way, more like the WW2 way.
Troy,
Paying people $500/week to play xbox all day doesn't look so bad.
One wonders how many making $750/week would opt to downgrade though. D'oh! ;)
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