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Comment Re:It's called perspective (Score 1) 683

The world death rate is about .85%/year, or over 5 years, ~4.25%. The world birth rate is about 2%/year, or over 5 years, about 10%.

Now factor in how much people's wealth changes, which is relatively consistent as they get older.

So yeah, add all that up and I'd call it pretty significant for only 5 years later.

Comment Re:It's called perspective (Score 1) 683

if 90 percent of people were in the initial cohort and 90 percent of people were in the final cohort, at least 80 percent would still be in the lower 90 percent.

I said they have as a whole become wealthier. That doesn't require much movement among the cohorts, because the cohorts are based on percentages of population, not absolute wealth levels.

Comment Re:It's called perspective (Score 2, Interesting) 683

My 9 year old daughter is debt free, but doesn't really have any income. That places her as wealthier than 2 BILLION people (with negative net worth) using your methodology!

There are "lies, damn lies, and statistics." Your use of statistics falls into that category.

It doesn't matter how wealthy people are compared to each other, unless your overwhelming consideration is jealousy. It matters how wealthy people are compared to how wealthy they used to be.

Also "the bottom 90 percent became poorer" is an inaccurate statement, unsupported by the data. If you took the people considered part of the "bottom 90 percent" in 2009 after the housing/financial crisis, those specific people have as a whole become wealthier. The current group of people (in 2014) they might rate as the "bottom 90 percent" are a significantly different set of individuals, many of whom were not in the "bottom 90 percent" in 2009.

Comment Re:One and the same (Score 3, Insightful) 441

Because the people involved in the prosecutions and classifications don't report up to him as the head of the executive branch? Because he doesn't have an absolute pardon power to pardon anyone he likes? You'd blame the CEO of a company for what his company does. In this case the President has way more legal power to intervene than a CEO would in a similar situation. Heck, after President Obama's recent stint of just changing laws with only a fig leaf of legal basis beyond he said so, presumably his administration thinks he can just unilaterally declare they weren't enforcing the law in these particular types of cases.

Comment Re:They should learn from this (Score 1) 303

I bet the first airline promoting a policy of randomly offering 90% off or free first class to every X users would get a big boost in business.

And then they'd stop after people learned to go to checkout to see if they'd "won", and if not stop or get a refund, clear their cookies, etc... and try again.

Comment Re:Torrenting hurts these guys... (Score 1, Insightful) 397

With the onset of lasseiz faire capitalism and the "corporation as top tier person"

What country are you talking about? The U.S. has been going steadily away from laissez faire capitalism for at least 100 years now... to the point where it might actually start turning back in the other direction as more and more centrally-planned fiascoes are revealed and the old socialist hippies start dying off.

Your other disconnect seems to be thinking that "corporation as top tier person" is laissez faire, as opposed to a government rent-seeking benefit largely found in countries with more government control of the economy. Pro-economic freedom doesn't necessarily mean pro-government organized corporation.

Comment Re:Or just maybe (Score 2) 586

that left tens of millions without health insurance

At this rate, it's highly likely that there will be more uninsured in the U.S. over the next few years than over the last few years. That's what happens when you make a product significantly more expensive and more difficult to sell and to purchase.

If you think things are bad now, wait until next year when the business mandate that Obama unilaterally delayed kicks in. That's going to be even worse for the people who already had insurance....

The real question is why the Democrats needed to take over the entire health insurance industry if the goal was to just help pay for insurance for a few million folks that didn't have it and wanted it. You could have covered that with a check just out of what's been spent on the federal and state ACA exchanges.

The reality is that this has always been about the Dems making a federal power grab over health insurance and the health industry. That was never going to do anything but make the already massive government-induced problems in the insurance and health industries worse.

Comment Re:Officials say? (Score 1) 644

You may want to also factor in that insurance in NY is much more expensive than in many other parts of the country. The OP didn't specify a location, so it's difficult to tell, but I've had plans on the individual market before that were $350/month for a family of 6 in one state (after paying $1300/month in a high cost state), so $165/month for an younger individual doesn't seem unreasonable to me.

Now, of course, the whole country is being forced into NY/NJ/MA-style expensive plans, so that all goes way up...

Comment Re:Outright bans are not smart (Score 1) 376

Did you read the page I linked to?
"... the increase in dishwasher efficiency has, in the past, resulted in longer cycle times, as machines are forced to stretch less heated water over longer periods to get dishes clean. Following the last Energy Star specification update in August 2009, a few of the models we tested required three hours per load."

It's a simple trade-off for heating efficiency... if you heat less, but wait longer for the heat to be absorbed over time, you'll be more energy efficient, but take longer to finish.

It's not a big mystery...think of driving your car. If you accelerate quickly and drive faster, you'll get places faster, but use more fuel. If you want to be more "efficient" in your fuel use, one way is to end up getting places slower and being less time efficient. That's the simplest way for manufacturer's to meet energy star standards without any fundamental changes in how their product works.

Comment Re:Errr... no. (Score 1) 499

Of course, those estimates are wildly inaccurate, to the point of being worse than no estimates at all....

Notice that following the estimate process, you get told about possible subsidies repeatedly, but that never once do they ask for your age? Wait, isn't that one of the most important things to determine what your premium will be??? Ooops.... it's almost like they're just quoting based on an assumption that you're 27 years old or something like that...

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