Money and Computing
Remarks by Fed Vice Chairman Stanley Fischer: The Behavior of Employment Has Been Remarkably Resilient
The Fed's dual mandate aims for maximum sustainable employment and an inflation rate of 2 percent, as measured by the price index for personal consumption expenditures (PCE). Employment has increased impressively over the past six years since its low point in early 2010, and the unemployment rate has hovered near 5 percent since August of last year, close to most estimates of the full-employment rate of unemployment. more »
Having a Field Day With the Candidates: Judging Oratorical Skills of Hillary and Donald on the Trail
Doris O'Brien writes: Trump, an inveterate risk taker, refuses to play it safe. He often repeats phrases, as if to nail them down. And while his supporters profess admiration for his talking 'extemporaneously,' he is technically doing no such thing. By definition, 'extemporaneous' means to speak from notes, as opposed to memorization or reading from a script. Hillary's speaking style suffers from being the reverse. She is too predictably 'on script,' making her delivery sound mechanically driven, rather than 'in the moment' inspiring. When she does veer from her teleprompter, she measures her words carefully, punctuating them with a lot of annoying "uhs". more »
Breaking The Fourth Wall In Software — And Beyond The Stage Is The Planet
Ann Voorhees Baker writes: The lesson is that sometimes it's worth breaking the fourth wall, to borrow a term from the theater when an actor breaks the imaginary wall at the front of the stage and speaks directly to the audience as himself, not his character. Sometimes when the whole beautiful program or platform just gets messed up, or you mess it up, it's time to break that fourth wall and exit the system entirely and contact the humans who built it and say 'what the heck.' more »
Stateline Examines What Happens to Developmentally Disabled as Parents Age, Die?
The move to deinstitutionalize care [for those with disabilities] has provided care that is more personalized while also saving states money. Average costs for care in a state-run institution, in 2013, ranged from about $129,000 a year in Arizona to about $603,000 in New York, while the average state costs of community-based services nationally is $43,000. About 198,000 people were waiting for home- or community-based services in the 34 states that reported data in 2013. The longest waiting lists were in Ohio (41,500), Illinois (23,000) and Florida (22,400). more »