In American Numbers Game, Penny digs into the truth behind some of the current administration’s “great successes.” The master of hyperbole in the White House would have you believe that no one has dealt with natural disaster as well as he has, but real numbers tell the truth. The conclusion about the neglect of our country’s responsibilities in Puerto Rico are fairly obvious. Maybe they look too much like Mexicans to our president. This post also contains some real statistics about Trump’s golf hours and expenses in comparison to Obama’s — just in case you need some data for that next argument with a Trump-lover.
Next Penny tackles the summit with North Korea in Understanding the Korean Peninsula Summit. (This post was actually written just ahead of the summit, but the editor was out of town). It all comes down to the commemorative coin, a special memento glorifying our Dear Leader and their Dear Leader. The coins are available online through the White House Gift Shop. Originally offered for $24.94, the price was dropped to $19.95 after the summit was canceled, then went up to $49 when the meeting was back on. Any bets on how many will be left over?
The reading reviews this week are two articles from the June, 2018 issue of The Atlantic. First an examination of economic classes in the United States. We used to think of ourselves as upper, middle and lower classes, with sub-groups within those classifications. Ideally, it would create a Bell curve (remember those?) with a large middle class maintaining balance in society. Today there is the unfathomably wealthy 0.1%; then the remaining, comfortably well-off 9.9%; and finally the bottom 90% of people who struggle to make ends meet. The article describes how the interactions between these groups shape politics these days. Also, don’t miss the summary of an article about artificial intelligence (AI) from, believe it or not, Henry Kissinger.