Makes me laugh every single time…
Keith’s Travels: Back in Central Arkansas
for the weekend atleast. Hanging out and relaxing with friends and family. Nothing at all on the agenda.
Hat Tip to Markell Carter
Central Arkansas Line Backer, Markell Carter was drafted by the New England Patriots as the 194th pick of the 2011 draft courtesy of ucasports.com
The Political Genius Weighs in on “The Donald.”
Karl Rove weighs in the possibility of a Donald Trumpf Presidency. Courtesy of Fox News.
What Storm Troopers Do on a Day Off
link.
What Type of Finance Pro Are You?
Obama Says Goodbye to 2010
From our friends at JibJab.
The $555,000 Student-Loan Burden
The Wall Street Journal has a story about a Medical Student who now owes over $555,000 in student loan debt. Michelle Bisutti originally borrowed $250,000 to cover medical school, but her balance quickly ballooned as she deffered loan payments and defaulted during her residency.
While student loan debt of $500K is rare, balances of $100K+ are becoming more and more common.
Greg Mankiw Weighs in on the National Debt, Balanced Budgets, and the VAT
A few key points Mankiw makes:
- Deficits ARE NOT necessarily bad. It makes sense for governments to borrow in certain instances.
- Balanced Budgets are somewhat overrated.
- Obama knows that his long-term plan is unsustainable.
- The Value-Added Tax is an effective way for the government to collect additional tax revenue
Here is the full article in the NY Times.
The Importance of Signaling
Statistics students are aware of the bias that wording has on poll results. Here is an example of such an effect.
Note that majorities in both wordings support the right of gays to serve; the biggest difference is in the “strongly support” number.
Hat Tip to Marginal Revolution.