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Taxes, This is No Laffing Matter.

Taxes, This is No Laffing Matter… A general Republican philosophy is that cutting taxes will lead to increased investment, increased economic growth AND ultimately to increased tax revenue to the government. Empirical evidence, including the article(s) discussed here bear only part of that out. True, true and not necessarily true. Reducing taxes does increase the private sector investment and it does increase economic growth. The end result of this does not necessarily result in more…

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U.S. National Debt Clock Now and Then (2016)

If you haven’t visited the US national debt clock recently, you should do so. www.usdebtclock.org As of January 1, 2013, the US Federal deficit has now exceeded the size of the annual US economy as measured by GDP: $16.4T vs. $16.3T, respectively. But the hidden feature of our deficit that your friendly congressman will not discuss is the HUGE unfunded mandates that are looming large while congress putters around. The unfunded mandates are fully 7…

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Energy and Ecology: Comparison of global CO2 emissions estimates by GCP, IEA, BP, EDGAR, and US EIA (1990-2012)

Energy and Ecology: Comparison of global CO2 emissions estimates by GCP, IEA, BP, EDGAR, and US EIA (1990-2012): Here is a cool chart of the estimates for global carbon emissions. It shows the estimates from various sources and proves an interesting view as to high and low estimates. So we are probably at about 35B tonnes per year. The increase doesn’t look like it is planing off any time soon though, no matter which way you…

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The global energy challenge: Awash with carbon : Nature News & Comment

The global energy challenge: Awash with carbon : Nature News & Comment: Happy days, all you can eat at the energy banquet. Or would that be happy daze.:-( This is a great visual summary from the article in 2-page brochure and graphics of our fuel consumption ways. Note how much China has passed the USA and how much of Chinese energy is from coal. Ouch! ‘via Blog this’

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Fracking is unearthing surprise bacteria | Health, Medical, and Science Updates

Fracking is unearthing surprise bacteria | Health, Medical, and Science Updates: Hmmm…. I’m not sure that many of us have been thinking about this? What is living in the oil and gas before we extract it from the wells? This study starts to bring that to the (fore)ground. It is interesting that some of these guys do better, much better, related to the fracking process and/or being brought to the surface. Hmmm… And I always…