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Comment Meh (Score 1, Insightful) 157

Everyone who makes actual economic decisions based on this kind of data have long-ago abandoned confidence in government reporting. It's politicized and it's been systematically sweetened to preserve the illusion of low inflation and higher employment for decades. The fact that people don't want to answer questions may have as much to do with distrust of government as anything else. Why waste your time?

Consider the counterfactual. If it was the Swedish government from the 1990s asking you to answer questions, you'd probably take it seriously because it would credibly inform responsive policy.

BLS stats are mostly just headline generators for the propaganda machine.

Comment I have a question (Score 0) 186

Has anyone here done serious investigation into the reliability of the models and research indicating that human activity is causing climate change? I keep hearing that anyone who publishes research contrary to the dominant narrative becomes effectively unemployable. Is there evidence that the research is unbiased?

Comment TFA is not particularly great. (Score 1) 98

1. MEMS clocks with microsecond-per-day accuracy are commercially available and they're getting better.
2. 1 ns drift = 30 cm position accuracy.
3. You still need signals from known positions to triangulate your location.

So while jamming GPS is trivial, the alternative is using other sat networks or building terrestrial radio beacons. Variations on the same problem. Just having accurate, portable clocks does not help.

This article boils down to: UK is working on portable atomic clocks, just like everyone else.

Comment No free market (Score 1) 236

CA dept of insurance regulates this. It sets prices, practices and coverage requirements. It's not really a free market, so the limitations make it impossible to offer insurances that would otherwise be available.

The first approximation of a fix should be to abolish the department, but a better solution might be to create something like a set of standards for coverage verbiage to make it possible to commoditize offerings and make products comparable. All other limitations should probably be removed. A free market gives people the chance to actually discover the cost of insurance and find innovative ways to keep themselves safe. Unfortunately, in the name of protecting people, we severely limit the options that are available and add a lot of overhead costs in regulation. Companies pulling out and state-backed insurances are telltales of broken markets and wasted resources.

Same story in Florida.

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