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Is it different this time? 8.4 standard deviations says it is! Woohoo!
Ownership Society
Ownership society is a slogan for a model of society promoted by former United States President George W. Bush. It takes as lead values personal responsibility, economic liberty, and the owning of property.
Stick a fork in economic liberty. It's over.
Long-term prosperity, baby. That's what I'm talking about.
Source Data:
St. Louis Fed: Custom Chart
When (32-bit) double precision isn't precise enough
ReplyDeleteSince the odds of an 8-sigma event are about 819 trillion to 1 against, a 20-sigma event is obviously going to be so unlikely that it's not even worth talking about; would probably never happen in the lifetime of the universe. Further evidence that those computer models had some serious problems.
So we've got that going for us, which is nice.