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re: Tax revenues hit all time high for FY 2014
Posted on 8/15/14 at 1:54 pm to Powerman
Posted on 8/15/14 at 1:54 pm to Powerman
You're looking at trends differently than I do. The trend I see is a constant, massive growth of debt, which has major consequences.
This is how you're looking at it: 1) year one, I gain 50 lbs. Year two, I only put on 25 lbs. You would claim that I'm "moving in the right direction".
This is how you're looking at it: 1) year one, I gain 50 lbs. Year two, I only put on 25 lbs. You would claim that I'm "moving in the right direction".
Posted on 8/15/14 at 1:57 pm to stuntman
quote:
You're looking at trends differently than I do. The trend I see is a constant, massive growth of debt, which has major consequences.
Eh I guess you don't know much about second derivatives.
quote:
This is how you're looking at it: 1) year one, I gain 50 lbs. Year two, I only put on 25 lbs. You would claim that I'm "moving in the right direction".
Stupid analogy that doesn't translate into economics.
Another more relevant metric to compare it to might be population growth. Global population is increasing but the rate at which it is increasing (think second derivative) is declining. Thus we won't have some spiraling out of control global population problem.
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