tag:blogger.com,1999:blog-3621026.post1811683765258333161..comments2024-03-28T10:25:22.825+01:00Comments on Robert's Stochastic thoughts: Opposites day IIRoberthttp://www.blogger.com/profile/14455788499385673507noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-3621026.post-81630761153299069832012-09-12T23:57:04.346+02:002012-09-12T23:57:04.346+02:00It's impossible to understand these issues wit...It's impossible to understand these issues without having a better understanding of economic growth. Alex Gheg has a new consumer theory that gives us a scale for growth that measures previously hidden thoughts. We can measure utility growth using the body clock. Quantity, quality, variety and convenience in one equation. http://www.youtube.com/watch?v=u6tFLGpcOpEMrIlirhttps://www.blogger.com/profile/11613313452071283534noreply@blogger.comtag:blogger.com,1999:blog-3621026.post-33832842883332178782012-09-09T16:05:06.051+02:002012-09-09T16:05:06.051+02:00Benen is fact checking. I'd say it isn't ...Benen is fact checking. I'd say it isn't Romney's fault if people draw an incorrect inference from a correct statement of fact. To me it is obvious that a trillion dollars has nothing to do with most of US debt. Of course most people are less familiar with the numbers than I am, but no politician not Clinton not even Al Gore himself tried to teach the public everything (for one thing even Clinton doesn't know quite everything).Roberthttps://www.blogger.com/profile/14455788499385673507noreply@blogger.comtag:blogger.com,1999:blog-3621026.post-64660578515897644972012-09-09T01:51:26.849+02:002012-09-09T01:51:26.849+02:00There's a lot of sloppiness here by all partie...There's a lot of sloppiness here by all parties. Steve Benen isn't saying Romney is wrong on the figure of a trillion dollars. Benen is saying that Romney uses the figure of a trillion dollars to mislead people into believing that China holds most of our debt. Benen says the actual percentage of our debt held by the public is 8% and the numbers you show from Wikipedia back out to around 10%. By the way, if you click through footnote 7 on that same Wikipedia page you'll find that Japan holds almost the same amount of our debt as does China. Does the America we want borrow a trillion dollars from Japan? Look at the next five names on that list. Does the America we want borrow a trillion dollars from oil exporters + Brazil + Carib Bnkng Ctrs + Taiwan + Switzerland?EHhttps://www.blogger.com/profile/08226471207801096277noreply@blogger.com