Psychology, my college major, is a social science, not regulated by real math or hard science, but governed by just-conceived “statistically significant” theories. The field of study is fraught with periodic eliminations of previously-thought treatable medical diagnoses (neurosis of the 1950’s) and re-definitions of old disorders (was multiple personality-now dissociative identity disorder). 524 more words
Tags » Fiscal Cliff
The $85 billion in automatic cuts working their way through the federal budget spare many programs that aid the poorest and most vulnerable Americans, including the Children’s Health Insurance Program and food stamps.
235 more words
Unless China changes course, it is set to tighten fiscal policy by 5.5pc of GDP this year, five times Britain’s austerity dose annually since the Lehman crisis…
According to the report in the Economist of the Chicago Print Edition,“Illinois has the most underfunded retirement system of any State.” The post goes on to report there is $111 billion dollars in underfunded pension liabilities, as well as the highest pension burden in state revenue. 600 more words