My Thoughts on: Marxism, Living Under American Capitalism, Marxian Philosophy, Baseball, Economics, Alcohol, and any other topic I feel like writing about.
27 January 2012
Some Loosely Applied Logic to Taxation and Unemployment
Earlier today I can across an interesting counter factual argument.
I am slipping completely into the realm of modern epistemology for this post.
There is a clear correlation between having yellow nicotine stained fingers and getting lung cancer. The counter factual would be a correlation between having clean appearing hands and not getting lung cancer. This is fairly silly, as any classy smoker washes their hands regularly and thoroughly.
Many politically conservative Americans who have a public forum claim correlation between businesses paying taxes and unemployment. Lower taxes means more money to hire workers right?
I propose that the counter factual argument works the same in this case. There is no correlation between lowering taxes to businesses and a decrease in unemployment in the current climate of financial paralysis.
Prove me wrong econometricians, oh that's right, you can't prove anything, only appeal to a relative standard of "truth".
26 January 2012
A Causal Relationship, From Exploitation to Vomit
The London Free Press has hit another 'home run' today. If they even have an editor on staff anymore he/she has clearly given up on life.
But you have to appreciate the willingness to print anti-capitalist stories.
http://www.lfpress.com/news/london/2012/01/26/19298221.html
I don't have anything clever to add. This one speaks for itself.
In fact, don't even bother with the link. The first sentence is enough:
A locked-out Electro-Motive worker said parent company Caterpillar's announcement of colossal profits Thursday morning made him sick to his stomach.
25 January 2012
Obama's Change.....
....Or lack there of.
Really hasn't come as a surprise to me. Barack Obama's presidency, if nothing else, should be remembered as the one where we learned that the "most powerful man in the world" has no real power at all, at least when it comes to any type of systemic change within the collection of political processes.
Following from this I would suggest the following. Cancel the entire 2012 election season. The spectacle currently going on in the republican primary (I really don't care about a giant headed jackass and his collection of ex-wives) is just the tip of the ice burg.
Instead put the name of every voting age healthy American in a giant hat, and just have some random sports figure or celebrity draw the name of the next president. It would save a lot of annoyance and money, the downside is only for the news networks, and nothing is going to change anyway.
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