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Winners of the 2016 Hall Of Fame and Hall of Shame Awards

Wed ,01/03/2017

  Thanks  to those of you who submitted nominations and who voted.  The four top candidates in each category were selected from the nominees and the poll was  conducted on three internet sites and Facebook. This year’s winners won by landslides.

Here are the winners:

Hall of Fame 

1. Dr. Katharine Hayhoe ( 91% of the vote) –  an atmospheric scientist at Texas Tech University, she is director of the Climate Science Center. She is an evangelical Christian who believes that science and religion do not have to conflict with one another. She has been a persuasive spokesperson for action on global warming and supports a  Carbon Fee and Dividend proposal to address the issue.

Award: An appreciation of climate science by conservatives.

2. The Standing Rock Sioux (5%) – for opposing the Dakota Access Pipeline to protect their water quality after it was routed through their reservation due to concerns of other communities for the same reason. Facing militarized police forces and North Dakota’s most severe blizzards and sub zero winds they prevailed in efforts on the reservation and in the media capturing the support of much of the nation.

Suggested Award: A proper, nonpolitical environmental review before any more construction.

3. President Barack Obama (2%) – for coordinating and implementing a global climate pact signed by 195 countries, including the US, even in the face of a Congress that would stop at nothing to prevent it.  President Obama managed to tie the US Paris agreement to a previous treaty to avoid a possible defeat in Congress.

Prize : Clean air and water for our grandchildren as his legacy.

4China (2%) –for announcing an investment of $361 billion in renewable energy by 2020 (and probably taking the global lead in green tech – a sad, missed opportunity for the US, but a great achievement for our shared future). China has also just cancelled the construction of 100 coal fired power plants to be replaced with wind and solar energy.

Award : Being able to go outdoors in the cities without a mask.

 

Hall of Shame 

 

 1. The  Palm Oil industry (91% of the vote.) –  Palm Oil is found in roughly half the packaged products sold in US grocery stores, creating a skyrocketing demand for the oil. This demand has led to the burning of millions of acres of tropical rain forests and jungles, caused the loss of wildlife and eco-system, contributed to climate change, and spread corruption to local and national governments. It is also responsible for human rights violations as corporations often forcefully remove Indigenous Peoples from their lands and its production has led to child labor violations and modern day slavery.

Suggested Award : A boycott of all conflict palm oil products.

2. Trump voters (5%) – for electing a President more than willing to undo even the modest progress the Paris Agreement would/could have accomplished – and most certainly will work to enable completion of the Keystone Pipeline, and push the Dakota Access pipeline in which he seems to have a financial interest. He has promised to remove/rollback decades of regulations designed to improve the quality of our air, water, and soil.

Suggested Award: May you drink water approved by Scott Pruitt’s EPA.

3. Governor Scott Walker  of Wisconsin (2%) – for appointing a real estate lady to head the Wisconsin Department of Natural Resources (DNR), scattering the DNR programs among five agencies making conservation more costly and less effective, halting enforcement of environmental regulations, and scrubbing anything  involving Climate Change from DNR computers.

Wished for Award: A resounding defeat in the next election.

4. Utah Congressman Rob Bishop (2%)  –  chairman of the powerful House Committee on Natural Resources, with sway over issues ranging from energy production to mining, fisheries, and wildlife across one-fifth of the nation’s landmass. He wants to overturn Obama’s Bear’s Ears monument, taking the land away from a coalition of native American tribes so it can be broken up and sold to mining and lumber interests. He introduced a Constitutional amendment that would take away the right of the President to designate national monuments, and has fought to weaken environmental laws and neuter federal agencies like the Bureau of Land Management, the National Park Service, and the Forest Service.

Award: Perhaps having the federal agencies return the favor.

 

It looks like 2017 will have some epic battles between conservationists and corporate polluters. Please keep in mind those who affect the environment the most for good or ill for your 2017 nominations.

(c) 2017 – J.C. Moore

 

Please Nominate Your Candidates for the 2015 Environmental Hall of Fame/Shame Awards

Sat ,02/01/2016

It is important that we keep in mind those who have most affected the environment by words or action.  Each year, this site Earthrise2takes a poll to find those most deserving to be in the Environmental Hall of Fame and the Environmental Hall of Shame. Please send  your nominations  for  each category by e-mail through the “Contact the Author”   link or put it in the comment section . If you would, please include a short reason that your nominee should be chosen and suggest a suitable gift if they win.

Nominations will be taken until January 31st, 2016. The nominees will then be  listed  and this site will conduct a poll to determine the winner in each category.   You may suggest a suitable prize for your nominee. Please be imaginative, as particularly thoughtful or humorous  nominations will  be recognized and published on this site

Past years winners and their awards were:

Hall of Fame Winners – Award

2014       Pope Francis  – for his Protect Creation efforts.  – A strong agreement from the Paris climate conference.

2013       Bill McKibben, founder of 350.org – Many new members so subscribe to his  weekly newsletter .

2012       President Barack Obama – A little coöperation from Congress, so please write your Representatives.

2011        James Hansen – A massive presence at the 2012 Citizen’s Climate Lobby 

2010        RealClimate.org  – A recommendation from this site. ( Priceless)

2009       Benno Hansen,  ThinkAboutIt Blogger – A Subscription to Science News.

Hall of Shame 

2014    Freedom Industries ( Gary Southern ) –  A prison cell with drinking water from the Elk River he polluted.

2013      The Koch Bothers -A boycott of their products: less money, less lobbying.

2012       Donors Trust and Donors Capital Fund – An IRS investigation of their of their tax-exempt status.

2011        Halliburton (Cheney) –  A big glass of water from a well next to a hydrofracking operation.

2010        Koch Brothers – A petition to the Wizard of Oz for  the grant of a social conscience.

2009       SpaceGuy,  Newsvine Blogger – The movie Wall-E,  representing his view of the future of Earth.

 

(C) 2015  J.C. Moore

Paris Climate Conference: Pope Francis and CEOs Urge Action

Fri ,23/10/2015

On his world tour, Pope Francis called on world leaders to address climate change in November at the Paris Climate Conference. eiffelIt is not just religious leaders and climate scientist who are concerned, but business leaders who are aware that climate change will hurt the world’s economy. A recent study, published in the journal Nature, found that temperature change due to unmitigated global warming will leave global GDP per capita 23% lower in 2100 than it would be without any warming.

Joining the call for action on climate change are companies such as Nike, Walmart, Goldman Sachs, Johnson & Johnson, Proctor & Gamble, Salesforce, Starbucks, Steelcase, and Voya Financial, all who have adopted a goal of 100 %  renewable energy.  Food Companies are concerned that climate change is threatening our food supply. CEOs of Kellogg’s, Mars, Dannon, Ben & Jerry’s, Stonyfield Farms, and Nestlé have signed a letter urging US and global leaders to “meaningfully address the reality of climate change.”

By this week, 81 big-name corporations representing 9 million employees and $5 trillion in market capitalization have signed on to the President’s “Act on Climate” pledge.

 

THE AMERICAN BUSINESS “ACT ON CLIMATE PLEDGE”

 “We applaud the growing number of countries that have already set ambitious targets for climate action. In this context, we support the conclusion of a climate change agreement in Paris that takes a strong step forward toward a low-carbon, sustainable future.

We recognize that delaying action on climate change will be costly in economic and human terms, while accelerating the transition to a low-carbon economy will produce multiple benefits with regard to sustainable economic growth, public health, resilience to natural disasters, and the health of the global environment.”

 

The list of the corporations taking the pledge and a summary of their pledges are listed in this White House fact sheet. Their pledges set ambitious, company-specific goals such as:

Reducing emissions by as much as 50 percent,

Reducing water usage by as much as 80 percent,

Achieving zero waste-to-landfill,

Purchasing 100 percent renewable energy, and

Pursuing zero net deforestation in supply chains.

Most importantly, these companies set an example to their peers who will be asked to sign onto the pledge before the Paris Conference.

The plan to reduce emissions with broad bipartisan support in the US is the carbon fee and dividend as proposed by the Citizens’ ccl1Climate Lobby. Their proposal would place a fee on carbon at the source and allow market forces to encourage reduced emissions, energy conservation, and investments in renewable energy. The carbon fee is not a tax as proceeds would be distributed equally to every household as a monthly energy dividend. It would effectively stimulate the economy and add an estimated 2.8 million jobs over the next 20 years. What could be a better plan?

 

(c) 2015 J.C. Moore

The Citizens' Climate Lobby: A Better Way to Reduce Carbon Emissions

Fri ,21/08/2015

The article “Obama orders steeper cuts from power 6coalplants” described how the EPA’s proposed limits on carbon pollution could cost $8.4 billion annually by 2030. The Citizens’ Climate Lobby (CCL) has a better way, a Carbon Fee and Dividend,  which would produce  deeper cuts in pollution in a shorter time.  CCL’s proposal would place a fee on carbon at the source, and market forces would then encourage reduced emissions, energy conservation and investments in renewable energy.  The carbon fee is not a tax and it would not raise taxes. The money collected would be distributed equally to every household as a monthly energy dividend.

CCL’s legislative proposal would set an initial fee on carbon at $15 per ton of CO2 or CO2 equivalent emissions.  The fee would increase by $10 each year until the CO2 emissions were reduced to 10% of the 1990 US levels. To protect American businesses and agriculture, adjustments at the  borders would be made on exports and imports by the US State Department to ensure fairness. The carbon fees would be collected by the US Treasury Department and rebated 100% to American households, with each adult receiving a dividend and each child one half dividend up to a limit of two children per household.

A similar Fee and Dividend policy is successfully working in Canadian British Columbia. In 2008, BC enacted a revenue neutral carbon tax which set an initial rate of $10 per metric ton of CO2 equivalent emissions, increasing by $5 per year until it reached $30, which it did in 2012. The revenue went straight back to taxpayers as tax reductions with a tax credit paid to low income households of $115.50 for each parent and $34.50 per child annually. The tax raised the price of gasoline by about $0.25 per gallon and the price of coal by about $60 per ton. Though there were winners and losers under the BC plan,  it’s GDP grew in relation to the rest of Canada’s.

bc

British Columbia gets most of its electricity from hydroelectric power, so it is difficult to estimate the effect it had on the price of electricity. There are now no coal-fired plants in British Columbia and the consumption of fuel there is now 19% below that of the rest of Canada.

In the US, all the money collected from the carbon fee would be distributed to US households as a dividend – which would effectively stimulate the economy. President Bush’s Economic Stimulus Act of 2008 provided a $600 rebate to each household. A 2012 study by Christian Broda found the increase in disposable income was an effective stimulus to the economy. President Bush’s stimulus, however, was only for one year and the money came from taxes. CCL’s proposal does not come from taxes, and a $30 per metric ton fee on CO2 is estimated to provide about $876 annually per person in the US. Though the price of gasoline and fossil fuel generated electricity will certainly go up, it will be offset by the dividend. People who reduce their energy consumption, or choose lower cost renewables, will be able to  increase their disposable income by saving more of their dividend.

The CCL Fee and Dividend proposal has a wide range of supporters such as notable climate scientists James Hansen, Katharine Hayhoe, and Daniel Kammit.  It has the support of both conservative and liberal economists such as Gary Becker, Gregory Mankiw, Art Laffer, Nicholas Stern, and Shi-Ling Hsu. CCL’s advisory board is bipartisan as it includes George Shultz, former Secretary of State under Ronald Reagan, conservative former US Representative Bob Inglis (R-SC), and RESULTS founder Sam Daley-Harris, who is an advocate for solutions to poverty.

A study by Regional Economic Models Inc. found CCL’s proposed carbon fee and dividend would achieve better pollution reduction than regulations while adding 2.8 million jobs to the economy over 20 years. Ccl

What could be a better way to reduce carbon emissions?

 

(c) 2015  J.C.Moore                   

Credit: Darrel Hart, Wichita CCL leader, who helped greatly withthe editing.  

 

Nominate Your Candidates for the 2014 Environmental Hall of Fame/Shame Awards

Thu ,01/01/2015

It is important that we keep in mind those who have most affected the environment by words or action.  Each year, this site Earthrise2takes a poll to find those most deserving to be in the Environmental Hall of Fame and the Environmental Hall of Shame. Please send  your nominations  for  each category by e-mail through the “Contact” link or put it in the comment section . If you would, please include a short reason that your nominee should be chosen and suggest a suitable gift if they win.

Nominations will be taken until January 31st, 2015. The nominees will then be  listed  and this site will conduct a poll to determine the winner in each category.   You may suggest a suitable prize for your nominee. Please be imaginative, as particularly thoughtful or humorous  nominations will  be recognized and published on this site

Past years winners and their awards were:

Hall of Fame Winners – Award

2013       Bill McKibben, founder of 350.org – Many new members so subscribe to his is weekly newsletter .

2012       President Barack Obama – A little coöperation from Congress, so please write your Representatives.

2011        James Hansen – A massive presence at the 2012 Citizen’s Climate Lobby 

2010        RealClimate.org  – A recommendation from this site. ( Priceless)

2009       Benno Hansen,  ThinkAboutIt Blogger – A Subscription to Science News.

Hall of Shame 

2013      The Koch Bothers -A boycott of their products: less money, less lobbying.

2012       Donors Trust and Donors Capital Fund – An IRS investigation of their of their tax-exempt status.

2011        Halliburton (Cheney) –  A big glass of water from a well next to a hydrofracking operation.

2010        Koch Brothers – A petition to the Wizard of Oz for  the grant of a social conscience.

2009       SpaceGuy,  Newsvine Blogger – The movie Wall-E,  representing his view of the future of Earth.

 

(C) 2015  J.C. Moore

The Economic Recovery in the Past Five Years: Then and Now

Sun ,02/11/2014

We have heard so much bad economic news that most people believe it, even though it is not true.The economy has recovered to the point that theRecovery economic stimulus is being ended. That would normally be good news. It is strange that it has not been widely disseminated and many people may be unaware of it. You may read a little piece here and there in the paper about it, but it hasn’t seemed to enter the public’s mind. Actually, since it would help the Democrats, great efforts have been made by some money interests and obstructionists to downplay the recovery.

The chart at the right summarizes the recovery in the last five years. Though it was put together by the Occupy Democrats, the numbers seem to be accurate and can be checked. Normally the President would get credit for the recovery, but not so much in this case as it would likely help the Democrats in the next election. The news could probably have been even better except for the missed opportunities caused by obstructionists in Congress. I hope some of them will join the jobless after the next election.

Settled Science: Dr. Jekyll or Mr. Krauthammer

Mon ,24/02/2014

What do George Will, Cal Thomas, and Charles Krauthammer have in common? They all claim to be conservative, but it is not clear what they wish to conserve. It is certainly not the environment or people’s health. They are all against environmental regulations, scientific evidence that contradicts their ideology, and the Affordable Care Act. They do seem to have a keen interest in conserving money for corporations. Mr. Krauthammer’s recent article , The Myth of ”Settled Science”,  certainly illustrates that point . Though he claims he is not a denier, he follows the recent denier’s tactics of casting doubt on the conclusions of science that could lead to actions which might cost fossil fuel companies and insurance companies money.

 

Mr. Krauthammer tries to make his points by assigning beliefs to scientists that they do not hold. Scientists will not agree, as Mr. Krauthammer claims, that all the issues pertaining to a scientific theory are settled, nor that their predictions 50 years into the future are absolutely correct. Predicting the future is difficult, but does he expect Ouija boards and crystal balls to be a better source of predictions than the scientific models based upon an understanding of the factors and variables that affect climate? Scientific hypotheses are accepted at the 95% confidence level, data is reported with an estimate of its precision, and scientific theories are modified when new evidence emerges. Who then, is claiming science is settled? Scientists do consider empirical evidence that is reproducible and supported by many independent investigations as facts that are settled enough to take action. He criticizes Pres. Obama for saying that “climate change is a fact”, but it is, in fact, a fact supported by empirical evidence from many independent investigations and one requiring action.  The theory of gravity, for instance, is not and may never be settled, however, the effect of gravity is considered to be a fact by engineers who design airplanes, buildings, and bridges. If we had waited for the theories of science to be completely “settled” before we acted, then all of our advances in science, technology, engineering, and medicine would never have been possible.

 

Mr. Krauthammer offers as evidence that science is “not settled” a list of things that are all questionable. He says that hurricane Sandy was not a hurricane, though those who live along the East Coast of the United   States would probably disagree. He offers up the opinion of a physicist who has not worked in climate science in 40 years. He claims that models are wrong because John Christy, who is miffed that empirical evidence disproved his models, says so. He says that that there has been no global warming in 15 years, but he ignores that while the warming of the atmosphere has slowed, the oceans have been warming faster. He claims that there is no link between climate change and severe weather events when scientists, and even insurance company Munich Re’s data , show that climate change has increased the  probability of severe weather and the associated costs. He is probably unaware of Dr. Jennifer Francis’s research, which shows the disappearance of the Arctic ice has slowed the jetstream, increasing the probability of severe weather in the Northern Hemisphere. He claims that scientists are whores and those who believe them are sinners, a rather harsh claim from someone who receives money to write op-ed articles full of misinformation but favorable to corporations and insurance companies. He even claims that it is not a settled fact that mammograms are useful for reducing breast cancer. Say what?

 

You might wonder about that last one, but it illustrates Mr. Krauthammer thinking. He points to a 25 year long study in Canada which found that mammograms did not reduce deaths from breast cancer. You would think that since Mr. Krauthammer has a degree in medicine, that he would have noticed right away the problems with the study. The technology for detecting breast cancer by mammograms has improved remarkably over the time of the study making older data questionable. Also, both the experimental group and the control group included women who already had lumps in their breast, while mammograms are most useful for detecting cancer before lumps appear. And, measuring death rates is not an appropriate way to evaluate how effective mammograms are for early detection and treatment of cancer – which may be life-saving.

 

Mr. Krauthammer has a degree in medicine and took an oath that he would do no harm, but the way he presented this may harm many women if it keeps them from having a mammogram. He wished to use this as an example of science not being settled, but it is an even better example of him using one study to cast doubt on a larger body of research that shows that regular mammograms save lives. So why did he bring this up? The Affordable Care Act requires that insurance cover mammograms and Mr. Krauthammer objects to them being, as he said, “ free, even yet”. There are about 48 million mammograms performed each year in the United States, so the cost to the insurance companies amounts to about $10 billion. Could it be that insurance companies are pushing this study as a way of reducing their costs in providing mammograms and Mr. Krauthammer is helping them? For “free, even yet”?

 

So what is it that Mr. Krauthammer and his fellow conservatives wish to conserve? They apparently wish to conserve the status quo for the benefit of those who make money from it, but they are not very interested in conserving the environment or people’s lives. Demanding absolute truth before acting is just a stalling tactic promoted by those who do not wish to be regulated or who are profiting from the status quo.  There is clear and convincing evidence that the climate is changing in response to man’s activities, and that is clearly the consensus opinion among scientists. Every major scientific organization in the world has adopted a statement agreeing with the consensus opinion and saying that immediate action is needed to mitigate the effects of climate change.

 

Even though Mr. Krauthammer is delivering a denier’s message, he says that “ the term ‘denier’ — an echo of Holocaust denial, contemptibly suggesting the malevolent rejection of an established historical truth.” Apparently, rejection of historical evidence is malevolent but rejecting scientific evidence is not. Finally, I wish to point out that Mr. Krauthammer has a degree in psychiatric medicine and should be formally addressed as Dr. Krauthammer. However, Dr. Jekyll had a another manifestation, Mr. Hyde, and it is apparently Mr. Krauthammer who wrote this article demeaning women’s health issues and climate science.

 

Note added on 02/28/2014:  Forecast the Facts has fact checked  and cited the evidence that the claims about climate science in Mr. Krauthammer’s article are false.

https://s3.amazonaws.com/s3.forecastthefacts.org/images/Debunking_Krauthammer.pdf

(c) 2014 J.C. Moore

Nominate Your Candidates for the 2013 Environmental Hall of Fame/Shame Awards

Mon ,03/02/2014

It is important that we keep in mind those who are heroes and villains  in our efforts to protect the environment. Each year, this site Earthrise2takes a poll to find those most deserving to be in the Environmental Hall of Fame and the Environmental Hall of Shame. Nominations are now open for awards for those who have most affected the environment by words or action. With the ongoing  debate about  global warming and environmental regulations,  nominees should be easy to find.  Please send  your nominations  for  each category by e-mail through the “Contact” link or put it in the comment section . If you would, please include a short reason that your nominee should be chosen and suggest a suitable gift if they win.

Nominations will be taken until March 31st, 2014. The nominees will then be  listed  and this site will conduct a poll to determine the winner in each category.   You may suggest a suitable prize for your nominee. Please be imaginative, as particularly thoughtful or humorous  nominations will  be recognized and published on this site

The 2012 Environmental Hall of Fame winner was President Barack Obama for his efforts to protect the environment through executive action, such as  mileage standards and addressing air pollution through EPA action.

The 2012 Hall of Shame award went to Donors Trust and Donors Capital Fund, both who fund climate denial activities while allowing donors to remain anonymous and hide their vested interests.  

Past years winners and their gifts were:

Hall of Fame – Gift 

2012       President Barack Obama – A little coöperation from Congress, so please write your Representatives.

2011        James Hansen – A massive presence at the 2012 Citizen’s Climate Lobby 

2010        RealClimate.org  – A recommendation from this site. ( Priceless)

2009       Benno Hansen,  ThinkAboutIt Blogger – A Subscription to Science News.

Hall of Shame    

2012       Donors Trust and Donors Capital Fund – An IRS investigation of their of their tax-exempt status.

2011        Halliburton (Cheney) –  A big glass of water from a well next to a hydrofracking operation.

2010        Koch Brothers – A petition to the Wizard of Oz for  the grant of a social conscience.

2009       SpaceGuy,  Newsvine Blogger – The movie Wall-E,  representing his view of the future of Earth.

 

(C) 2014  J.C. Moore

The 2012 Environmental Hall of Fame/Shame Winners

Mon ,16/09/2013
Earthrise2
This year the Environmental Hall of Fame/Shame contest was carried out on three websites and the votes were combined to determine those who have most affected the environment through word or action.

The 2012 Environmental Hall of Fame Winners:

The winner is President Barack Obama, with 45% of the votes, for his efforts to protect the environment through executive action, such as  mileage standards and addressing air pollution through EPA action.  Award: A little coöperation from Congress, so please write your Representatives.

Runner-up was Dr. Jennifer Francis(36%) for her ground-breaking work tying the loss of Arctic sea ice to a slowing jet stream, deep Rossby Waves, and the resulting (rapid) rise in stalled weather patterns. Article  here.  Paper here: Evidence linking Arctic amplification to extreme weather in mid-latitudes Award: A growing awareness of the link between global warming and severe weather events.

Tied for 3rd and 4th was Neven ( 9%), an amateur scientist, for his Arctic Sea Ice blog . It is a highly accessible blog  focused like a laser on a major planetary system in rapid collapse – bringing it to the attention of an increasing number of people and the media. It includes some amazing computer animations of Arctic satellite imagery and scores of insights from a good number of researchers. Award: A massive number of visitors to his blog.

 The tie was with Arnie Gundersen (9%), for having the courage to broadcast information being censored by main stream media about environmental problems caused by Fukushima nuclear reactors.  Award: A picture of Japanese girls with a signed note thanking him for standing up for them.

The 2012 Hall of Shame Selections:

First place goes to Donors Trust and Donors Capital Fund  (56%), both who fund climate denial activities while allowing donors to remain anonymous and hide their vested interests. According to Robert Brulle on PBS Frontline , “by 2009, about one-quarter of the funding of the climate countermovement of climate change denial is from the Donors Trust and the Donors Capital Fund.”   Prize: An IRS investigation of their of their tax-exempt status.

Runner up was  Dr. James Wanliss (Cornwall Alliance) (22%) ”for equating people who consider the Earth more important than SUVs with those who consider the Earth to be more important than God or our fellow human beings”. The Cornwall Alliance, who published Dr. Wanliss’ book , claims that stewardship is a Green Dragon trying to corrupt the true meaning of religion.  Prize: An opportunity to clean up the mess they helped make of the Earth, as described in this article.

There was a tie for 3rd and 4th place between The Professional ENGO, Green Washer/Opportunists (9%), that use climate change as an agenda tool for political gain. Particularly those on this list which still invest in fossil fuels.  Prize: Worthless paper as their investments lose value as we switch to sustainable resources.

and

Japanese Prime Minister Noda (9%),  for dumping the “Zero Nuke” policy.Prize: A partly filled out employment application for work at TEPCO’s Fukushima No. 1 where there is a labor shortage. 

It is important that we keep in mind those who are heroes and villains to the environment. I wish to thank those who provided the nominations, the prize suggestions, the insightful and often humorous comments, and the votes to determine the winners. As this year goes by, please take note of those you wish to nominate for the 2013 awards.

(c) 2013 J.C. Moore

 

Bits and Pieces 14: Misinformation Trumps Facts on the Economy

Fri ,23/08/2013

  • There has been a tremendous amount of worry about the US deficit, but most of it is stirred up by propaganda that ignores the economic data. Here is what the Nobel prize-winning economist, Paul Krugman, had to say about the deficit.
Article Photo

 

 

Here is the data that shows what he means.

 

Article Photo

 

The Motley Fool reported on a recent Google consumer survey which asked the question, “How do you think the US Federal Government’s yearly budget deficit has changed since January 2010?” With 665 responses from around the country spanning a wide variety of demographics, here’s what it found. Respondents thought the deficit had:

Increased a lot      41%

Increased a little   14%

About the same     24%

Why are so many people getting it wrong? They get misinformation from their Congressional Representatives, who should know better. Many of the Representatives  probably do, but why tell the truth if misinformation works to their advantage?

(c) 2013  J.C. Moore