Sunday, November 14, 2010

Weekend linkfest

1. Chinese build a hotel in 6 days?



It's a bit of an overstatement to imply that these construction workers built a 15 story hotel in 6 days because there was obvious site work done in advance and there is no indication that the interior was finished. However, it's still pretty amazing to watch a hotel go up that fast. It's not clear if they used tainted sheet rock in the construction :) Watch for a story next week "Hotel built in six days felled by 12km/h winds".

2) Okay smartypants if you think the deficit/debt situation in the US is an easy fix go ahead and do it yourself. The NY Times put up a great interactive tool to show the cuts needed and/or taxes to be added.

You can check out the tool here.

The funny thing is that all of these issues that you hear about (earmarks, federal employees)
they have almost no impact on the deficit. The big items are Medicare, Defense spending and taxes. Without touching those sacred cows all of the bluster in Washington is just hot air.

Cheers!

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