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America’s Enormous Math Mistake’s Mistake

The Big Picture

@TBPInvictus here; Let’s cut to the chase : A popular video on YouTube claims the poor are much less poor than the official statistics suggest because those statistics ignore government welfare programs like Food Stamps and Aid to Dependant Children and lots of other safety net programs. ” Was this ignorance? Sheer stupidity?

Math 246
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Why Hasn’t the California Globe Retracted Its Story?

The Big Picture

Right up top, we have the lede: Earlier in June, the Globe reported that California has lost just under 10,000 fast food jobs since the new $20 minimum wage for fast food employees was first signed into law late last year, according to the California Business and Industrial Alliance (CABIA). That’s not even math. ”) Gov.

Food 337
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Seattle Redux: Misunderstanding Seasonal Adjustments

The Big Picture

What followed in the immediate aftermath of both the announcement and implementation was nothing less than a apocalyptic, collective head explosion on the right about the devastating effects the increase would have, particularly in the food services sector: However, there’s little doubt that the city’s heralded food scene is running scared.

Food 335
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Saturday links: communities coming together

Abnormal Returns

wsj.com) Food Egg producers are rapidly transitioning to cage-free operations. fooddive.com) The success story that is Siete Foods. npr.org) The math on farmed fish doesn't work. (twopct.com) Weed Weed is getting more powerful and we don't know the long term health impact. wsj.com) Can salmon farming ever be sustainable?

Food 276
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Personal finance links: inevitable course corrections

Abnormal Returns

(awealthofcommonsense.com) Home buying math is bad right now, but will it be any better a year from now? awealthofcommonsense.com) Ten tips for a better life including 'Give up fast food/prepared meals.' bloomberg.com) Personal finance Things to do before pulling the plug on your job and retiring. moneytalks101.substack.com)

Math 245
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Saturday links: a form of literature

Abnormal Returns

nytimes.com) Food California has banned sell-by dates. thecollegefinanciallady.com) Earlier on Abnormal Returns Podcast links: hedge fund math. (gq.com) Arm position matters when it comes to taking blood pressure. npr.org) Drink The booze business is struggling. insidehook.com) What makes for an Oktoberfest beer?

Math 274
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Dollars Are For Spending & Investing, Not Saving

The Big Picture

That comp gets deposited directly into my bank account, and that money is available for purchasing necessities (food, housing, clothing, medicine, transportation, etc.) Whether it’s a few decades or a century, the math works the same. to buy that dollar of 1999 food. and paying taxes. Back to our colorful chart at top.

Investing 339