In 1930, the Republican-controlled House of Representatives, in an effort to alleviate the effects of the… Anyone? Anyone?… the Great Depression, passed the… Anyone? Anyone? The tariff bill? The Hawley-Smoot Tariff Act? Which, anyone? Raised or lowered?… raised tariffs, in an effort to collect more revenue for the federal government. Did it work? Anyone? Anyone know the effects? It did not work, and the United States sank deeper into the Great Depression. Today we have a similar debate over this. Anyone know what this is? Class? Anyone? Anyone? Anyone seen this before? The Laffer Curve. Anyone know what this says? It says that at this point on the revenue curve, you will get exactly the same amount of revenue as at this point. This is very controversial. Does anyone know what Vice President Bush called this in 1980? Anyone? Something-d-o-o economics. “Voodoo” economics. – Ferris Bueller’s day Off 1986
Professional cyclists must be feeling that their profession is becoming more like a job every day. The latest is the mandatory training program on doping. Riders must complete a DVD or online “training” course by the start of the Tour de France next year or lose their ability to race.
Was that wrong? Should I not have done that? I tell you, I gotta plead ignorance on this thing, because if anyone had said anything to me at all when I first started here that that sort of thing is frowned upon . . . you know, cause I’ve worked in a lot of offices, and I tell you, people do that all the time. George Costanza Seinfield
I put training in quotes because if you listen to the UCI, the main goal is more CYA than education. The UCI wants to squash any excuse of “I didn’t know” or the old “Was that wrong?” I have to tell you, I have sat through many of these type of education courses. When written to cover a rear end, there is no more boring course on the planet.
I wonder if Ben Stein is the host?