Clocks and Thermometers

Wednesday, April 12, 2006
While visiting Gates of Vienna (see our blogroll to the right) I was pointed at The Skeptical Optimist. There seems to be some interesting stuff there but, in particular, notice his Debt Clock and International Debt Thermometer (and read the associated posts if you are so inclined).

4 comments:

Luther McLeod said...

Thanks for the link Knuck. Interesting. His take on National debt, which sounds logical to me, is illuminating. But of course, nothing like this will ever hit the airwaves.

Knucklehead said...

Luther,

I found it interesting also. Among the things I find particularly interesting in the brief scans I did is that so many people scream about the level of government debt yet seem to demand that the US emulate, through social welfare systems, the countries that have even more federal debt.

Debt is a tool to be used and managed like any other tool. One needs to be careful when it is climbing, especially relative to income, and reducing it seems inherently a good thing, but when kept within reason it is just a tool.

Rick Ballard said...

Knuck,

The graph from the Skeptical Opimist is great - why didn't you post it? It really would make an interesting 'October Surprise'.

Knucklehead said...

Rick,

It never crossed my one functioning synapse to actually post the graph (thermometer) or clock. Hmmm... If time allows later I'll see about editing the post.

Morgan seems MIA - I was hoping he'd comment.