Fun numbers
- U.S. government revenues are at their historical average despite the President's tax cuts and the deficit is about at the average, too. I bet if you control for the business cycle, the deficit would be much worse than average (the idea being we shouldn't be running deficits when the economy is doing so well).
- The German government subsidizes the coal industry to the tune of $85,000 a year or about $150 a ton. That's 3 times the price of coal (I have to say I'm skeptical of these numbers... but newspapers are always right, right?).
- My IM basketball team just won 38-35. We're 3-0. My IM indoor soccer team is also undefeated.