Lotus-eater

Envy donning a nun's habit and sanctimoniously denouncing her lesser sister, greed, does not impress. Examining the data does. "The biggest problem with the pessimistic studies is that they rarely follow the same people to see how they do over time. Instead, they rely on a snapshot at two points in time. So for example, researchers look at the median income of the middle quintile in 1975 and compare that to the median income of the median quintile in 2014, say. When they find little or no change, they conclude that the average American is making no progress. But the people in the snapshots are not the same people. You can’t use two snapshots to conclude that only the rich have made progress. ...When you follow the same people over time, you get a very different story from the standard one. When you follow the same people over time, the largest gains over time often go to the poorest workers; the richest workers often make no progress." Brookings study:

I don't personally, but some people think that running trade deficits is a bad thing and that outsourcing should be discouraged.

Everyone needs such supplies to stock their emergency shelter.

So you're saying that outsourcing these tasks to outsiders is a good thing? You know that means you're running a trade deficit with everyone you buy these services from (assuming they don't buy anything directly from you).

Assumed facts not in evidence. People tend to conflate relative mobility and absolute mobility. Relative mobility is a zero-sum game, if you move from the first quintile to the second, that means someone else has dropped downward. Absolute mobility, by contrast, measures how your income compares with your parent’s income. E.g., assume your parents make $20,000 a year and you are in the bottom quintile. If you stay in the bottom quintile, but make $25,000 a year, you’ve experienced absolute mobility but no relative mobility. The largest decline in absolute mobility occurred between 1940 and 1964, so rather than blaming Reagan, you should be blaming Ike-JFK-LBJ: "On average, 92% of children born in 1940 grew up to earn more than their parents. In contrast, only 50% of children born in 1984 grew up to earn more than their parents. The downward trend in absolute mobility was especially sharp between the 1940 and 1964 cohorts. The decline paused for children born in the late 1960s and early 1970s, whose incomes at age 30 were measured in the midst of the economic boom of the late 1990s [i.e. early GenXers did relatively well]." As for the supposed decline in relative mobility, even that isn't clear: "I show that accounting for race and measurement error can double estimates of intergenerational persistence. Updated estimates imply that there is greater equality of opportunity today than in the past."

Split the difference: get a hybrid (or a plug-in hybrid if you want more electric.).🤪

133M views · 2M reactions | When the possum gets scared! | Evan Era WWW.FACEBOOK.COM When the possum gets scared!

There's a house on the market that would be perfect for hosting a gathering. It's a steal at only $11 million.

That comparison exaggerates the value of Nvidia. Its stock price represents the present value of all future profits but GDP represents just 1 year of the value of the goods and services produced. Dow 50,000 is in sight.

Chapter is another a Medicare plan advisor. Personally, I'm not a fan of witless government bureaucrats determining whether something is covered and cost-shifting to the for-profit insurers that people like to demonize.

1950s Box-Office Star William Holden’s Former Palm Springs Home Lists for $11 Million ROBBREPORT.COM Oscar-winning actor William Holden lived at this revamped midcentury-modern home in the Deepwell Estates neighborhood for over a decade.

It's a young Poirot or Maigret arriving on scene to solve the case.

Luddites never die, they just get new software.

Apropos of Modernism Week in Palm Springs: Saturn Haus in Photos ROBBREPORT.COM The high-desert Modernist retreat near Joshua Tree, California, was created as a private sanctuary for creative pursuits.

Like folding your laundry: You can now get paid to fold your laundry, as long as you're willing to film it WWW.BUSINESSINSIDER.COM AI startups are paying people to film themselves doing chores so robots can learn. Find out how much you could earn and why demand is booming.

Inside the $22.5 Million Duplex Penthouse at Nate Berkus’s The Katharine in Greenwich Village ROBBREPORT.COM The Greenwich Village penthouse crowns the landmark building as its most exclusive unit, spanning nearly 4,000 square feet with a private terrace.

I'm on the fence about requiring businesses to accept cash. It's a nontrivial security expense and risk to employees (because of armed robbers) if a business has a lot of cash on hand.

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"Someone once reportedly took a grand piano from a Sheraton lobby." How did guests steal a grand piano from the lobby without anyone noticing?

Build-A-Bear stock leaves Bitcoin, Big Tech in the dust FINANCE.YAHOO.COM There are very few stocks that have outperformed Bitcoin in the past year.

1. Avoid ego lifting, which a home gym is good for since there's no one else around to impress. Increase the number of repetitions with good form before increasing weight. It's also easier on the joints (if you have joint issues, select exercises that are easier on the joints such as dumbbell presses or certain machines rather than barbell presses). 2. Hitting muscle groups more frequently produces better results, especially among older men. It doesn't necessarily require more sets, just hitting each muscle group more than once per week (e.g., 5 sets twice per week is better than 10 sets once a week).

Purplekow doesn't like pigs, but does he like bulls?