Tag Archives: economy

“lies, damned lies, and statistics”

-by Nerdface-

Stuff like this makes me absolutely batty. Right wing/left wing? Love Reagan/hate Reagan? Love Obama/hate Obama? You pays your money and you takes your choice.

It’s all the same—impossible to find out the truth, because no one cares about the truth. We just want to be right. We need to be right. We’re sure we’re right. OF COURSE we’re right. How could we possibly be wrong? OTHER PEOPLE are the wrong ones.

We cherry-pick. We believe the articles that agree with us, we repeat/repost/regurgitate the data that fits our particular worldview, we surround ourselves with media that tell us only what we want to hear. And all the while we spiral more and more into our own crazy.

Both these images came to my attention as recent Facebook shares. Beautiful, isn’t it, how Reagan increased debt by a whopping 189% compared to Obama’s paltry 16%, while simultaneously Obama doubled the overall debt of all previous presidents before him? Impressive, to say the least!

“There are three kinds of lies: lies, damned lies, and statistics.” -Mark Twain

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recession quote

-by Nerdface-

From CNN article on pastors confronting the ‘last taboo’ (the economy):

Charity – feeding the poor, steering people to job fairs – must be accompanied by justice, said Meyers.  “It’s good to pull people out of the river when they’re drowning, but it’s also good to go upriver to see who’s throwing them in the river.”

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Transcript of Romney’s “Corporations are people”

-by Nerdface-

Romney: Do I believe that Social Security should take no part in deficit reduction negotiations?  Is that the question?  And the answer is this: Social Security, Medicare, and Medicaid account for about half of federal spending.

Audience/hecklers: A lie! Not the deficit!

R: Just hold on—I’m not— About half of federal spending.  And if we are ultimately, not just this year, but over the coming decades going to balance our budget and not spend more than we take in, we have to make sure that the promises we make in Social Security, Medicaid, and Medicare are promises we can keep.  And there are various ways of doing that.  One is we could raise taxes on people.

A: Corporations!

R: Corporations are people, my friend.

A: No they’re not!

R: We could raise taxes on—  Of course they are.   Everything corporations earn ultimately goes to people.  So—where do you think it goes?

A: It goes in their pockets!

R: Whose pockets?  Whose pockets?  People’s pockets!  Human beings’ pockets.  So number one, so number one, you could raise taxes.  You can raise taxes.  That’s not the approach that I would take.  Number two, you can make sure that the promises we make are promises that we can keep.

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