Saturday, May 25, 2019

Some Charts

Thew reason there is so much money in politics is that there is so much politics in money.--Bernard Saltzman


PGC last night for dinner. We knew few people. When you know few people, the food has to be good. But...

A government by definition is a monopoly in certain functions. In fact, government's typical experience with enterprises is through monopolies.

Twins and Astros have a run differential of +100. Pirates are -44.
The Pirates do not have major league players. Now it's looking as if the management has no major league ambition.

Narratives: WSJ writer Spencer Jakab, writing of the 1970s’ gasoline shortages,  says they were, according to Mr. Jakab, “caused by events halfway around the world.” 
But very few people believe that. Most attribute the shortages to price controls. How could he write that? And how could the WSJ print it?

From a news report of an Al Gore speech in 2007 expecting the complete disappearance of the polar icecaps by 2013:

Former US Vice President Al Gore cited Professor Maslowski's analysis on Monday in his acceptance speech at the Nobel Peace Prize ceremony in Oslo.
"Our projection of 2013 for the removal of ice in summer is not accounting for the last two minima, in 2005 and 2007," the researcher from the Naval Postgraduate School, Monterey, California, explained to the BBC.
"So given that fact, you can argue that may be our projection of 2013 is already too conservative."
"The implication is that this is not a cycle, not just a fluctuation. The loss this year will precondition the ice for the same thing to happen again next year, only worse.
This science stuff is just too hard for him.

On May 25, 1935, at Forbes Field in Pittsburgh, Pennsylvania, Babe Ruth hit his 714th home run, a record for career home runs that would stand for almost 40 years. This was one of Ruth’s last games, and the last home run of his career. Ruth went four for four on the day, hitting three home runs and driving in six runs.



                                         Some Charts

Some numbers of alcohol use:
Infographic: Where Global Alcohol Consumption Is Rising & Falling  | Statista

This is a difficult chart to see but is very informative. The middle class is growing into the upper class.


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A “restaurant recession” is taking place in New York City. Job losses at the city’s full-service restaurants over the last year have been greater than any time since the devastating combined effects of the 2001 recession and the 9-11 terrorist attacks. Over the last year through March, the city has lost more than 7,000 restaurant jobs, a percentage decline of more than 4%. Even during the Great Recession, the biggest year-over-year decline in NYC restaurant jobs was 1.8% in April 2009, which was less than half the declines in recent months.

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