Wednesday, January 26, 2011

The Windbag Meets the Irresistable Force

The NYT has this take on Obama's State of the Union call for more spending.

WASHINGTON — At a moment when the momentum in Washington is driving toward slashing budgets and shrinking government, President Obama argued on Tuesday evening that the politics of austerity, mindlessly applied, would amount to a pre-emptive surrender to China, India and a raft of smaller competitors who are investing while Americans are cutting.
In contrast, here's a compound interest table followed by a video of a freight train. (Be sure to multiply the numbers in the table by 1,400,000,000.) Enjoy.

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