Monthly Archive for December, 2011

Page 2 of 3

No Degree In Economics Needed

“If ignorance paid dividends most Americans could make a fortune out of what they don’t know about economics.” -Luther Hodges

Bread LinesThe Dutch Social Affairs Minister is calling for people on welfare to move, if they can’t find a job where they are currently residing. His rational is that there are plenty of jobs available in the Netherlands.

“’We have half a million people under the age of 65 who get benefits but are able to work,’ he said. ‘We have 300,000 people from other EU countries who fill jobs here and we have 100,000 vacancies. So there is plenty of work.’”

Of course, he doesn’t seem to consider that many of the people on welfare probably don’t have the skills required to fill many of those positions. There are plenty of companies hiring in nearly every place with high unemployment. It’s called structural unemployment.*

How many of those half a million people have PhDs? Probably very few, yet I see plenty of postings for jobs requiring a PhD. How many of those people speak Swedish or Italian? Well then you can’t apply for all of those jobs requiring fluency in those languages.

Perhaps instead of griping about the people on welfare, this MP could set up schools to teach recipients Swedish.

*For the record, neither GDNAL nor myself could remember this term. My little brother did.


Presenting Oneself In A Positive Light

“Prediction is very difficult, especially if it’s about the future.” -Niels Bohr

After exchanging a few fairly normal and benign messages, I got this message, after inquiring what he was doing with his life.

“I worry for my future because I cant get a job i like and no school will accept me.”

I worry for the world’s future.


Food For Thought – Tomatoes and Eggs

“Television is a golden goose that lays scrambled eggs; and it is futile and probably fatal to beat it for not laying caviar. Anyway, more people like scrambled eggs than caviar.” -Lee Loevinger

This is a traditional Chinese dish, very popular in Beijing but not found in many Chinese restaurants outside of China. It is extremely easy to make and very tasty.

Ingredients

  • 4 large eggs
  • 8 oz. fresh tomato (cut into thin wedges)
  • 1/2 teaspoon saltBowl of Tomatoes and Eggs
  • 2 teaspoons black pepper
  • 1 teaspoon sugar
  • 2 tablespoons water
  • 1/4 teaspoon sesame oil
  • 1 tablespoon fish sauce
  • 3 tablespoons vegetable oil
  • 2 cups rice, cooked

Directions

In a bowl, beat eggs with sesame oil, pepper, and salt.
In a large saute pan or wok, heat 2 tablespoons of vegetable oil. Add egg mixture and stir frequently, so that eggs form lumps. Once eggs are cooked, set aside. Wash out pan.
Add 1 tablespoon of vegetable oil to pan and heat. Add tomatoes and stir frequently. After 3 minutes, add water and sugar. Cover and allow to cook for another 3 minutes. Add eggs and scallions and stir for 1 minute. Serve over rice.

Options

Stir fry mushrooms and leeks separately and add to the dish at the end.
Toss in a handful of peanuts at the end of the cooking process for some extra crunch.


Too Soon?

“That joke is lamer than FDR’s legs.” -Brian (Family Guy)

A Dutch architecture firm is designing an apartment building in Seoul, South Korea. In the shape of the exploding Twin Towers.

According to Gawker, this wasn’t intentional. However, according to a Dutch publication, the architects were aware of the similarity of the design.

(H/T Lawyers, Guns, and Money)


The Big Picture

“In order to properly understand the big picture, everyone should fear becoming mentally clouded and obsessed with one small section of truth.” -Xun Zi

TreesRobert Samuelson wrote an op-ed for the Washington Post titled “The welfare state’s reckoning” in which he argues that the European crisis is really a crisis of unmanageable welfare states. I suppose that argument could be made, if you don’t count Germany, Belgium, Luxembourg, The Netherlands, Sweden, Finland, Norway, Denmark, and Switzerland as part of Europe. Also, if you ignore that South Korea, Australia, and Canada also have similar welfare states and aren’t on the verge of collapse.

Ezra Klein does a much better job articulating this point.

“If the United States had Canada’s health-care system, and Canada’s per capita health-care costs, we would have a much “larger” welfare state, but we wouldn’t have a deficit problem. Assuming we weren’t spending that money elsewhere, we wouldn’t even have a deficit.”

Shockingly enough, providing for your citizens to have access to basic health care actually lowers costs. Instead, in the US, health care is prohibitively expensive resulting in many citizens putting off obtaining medical care until they are very ill, thus making them more costly to treat. Further, young, healthy people avoid purchasing health insurance, driving up the costs for insurance companies.

It’s not rocket science, people. Even Rick Santorum gets it, accidentally.

“If you don’t have to have insurance until you’re sick, why buy insurance? … How much would insurance be if only people who needed insurance bought it? The whole point of insurance is: healthy people buy it, sick people buy it, and those who are healthy support those who are sick…. But if insurance is only sick people buy it, well guess what’s going to be the cost of insurance. That’s why there’s a preexisting-condition clause.”

Universal health care isn’t to blame for the European debt crisis. The lack of it, in part, is to blame for America’s.




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