Related:
“New Neighbors, New Noise Complaints,”Tanvi Misra, Pacific Standard
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A trucking song for the information age, written by Tom Rutledge and economist Jon Shayne, performed by Merle Hazard (“moral hazard” meets Merle Haggard, get it?). Ol’ Merle is accompanied by Trey Hensley and Rob Ickes (guitar and dobro), Alison Brown (banjo), Andrea Zonn (backing vocals), and Larry Atamanuik (drums).
Animation by Matt Emigh of NPT; illustrations by Susan Eaddy. Music produced by Alison Brown.
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“I’ve had hungry students who couldn’t concentrate; I’ve filed tax returns for kids’ parents. You’re the only adult they trust – the only adult that talks to them like they’re a person.”
A Guardian video.
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Nobody won last Friday’s Mega Millions lottery, so this week’s grand prize has grown to $1.6 billion dollars. That’s Billion, with a “B.” On Saturday, nobody won the Powerball lottery, so this week’s prize will be $620 million. These events are hardly surprising since both of these multi-state, government-sponsored gambling cartels recently tweaked the odds to produce such results.
Since the Mega Millions formula change, players now pick five numbers from 1 to 70 and a Mega number of 1 to 25. The odds of winning the jackpot are 1 in 302,575,350. The odds of winning the Powerball lottery are currently 1 in 292,201,338. The odds of being killed by a falling vending machine: 1 in 12,000,000.
Why did the lotteries ramp up the odds? If more people lose, the lottery prizes grow larger. When prizes grow, more people buy lottery tickets. When prizes are “only” $100 million, many lottery ticket buyers are the poor and desperate, but when prizes are huge, even wealthy people buy lottery tickets.When more people buy lottery tickets, the bigger the corporate profits for Mega Millions and Powerball. But selling more lottery tickets increases state school district budgets, right?
No. education budgets stay about the same. States merely use lottery profits to replace funding they previously got from other sources.
More:
“How Much Do Americans Spend on the Lottery?” Mike Brown, lendedu
“Per capita lottery spending has doubled since 1995,” Christopher Ingraham, Washington Post
“Why all lotteries are based on a lie,” Allison Schrager, Quartz
“Powerball Windfall? Schools Don’t Always Benefit From Lottery Sales,” Elizabeth Chuck, NBC News
“How ’80s excess fueled today’s Mega Millions mania,” Jonathan D. Cohen, Washington Post
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“Republicans could try again to repeal Obamacare if they win enough seats in U.S. elections next month, Senate Republican Leader Mitch McConnell said on Wednesday, calling a failed 2017 push to repeal the healthcare law a ‘disappointment.’
In a forecast of 2019 policy goals tempered by uncertainty about who would win the congressional elections, McConnell blamed social programs, such as Social Security and Medicare, for the fast-rising national debt.”
— “McConnell says Senate Republicans might revisit Obamacare repeal,” David Morgan, Reuters
More:
“Mitch McConnell blames the soaring deficit on Medicare and Social Security, not the GOP tax cuts,” Peter Weber, The Week
“Republican Doublespeak on Health Care Starts at the Top,” Max Nisen, Bloomberg
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“Tea for Two,” written by Irving Caesar and Vincent Youmans, recorded by Beverly Kenney, 1954. Tony Tamburello, piano.
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“Ghost Town” performed by Katie Melua.
Katie Melua website
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Blueberry Hill,” written by Vincent Rose (né Vincenzo Cacioppo), with lyrics by Larry Stock and Al Lewis, performed by Glenn Miller & His Orchestra. Ray Eberle, vocalist.
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“I Thank You Lord,” written by Mattie Moss Clark, sung by Rose Marie Rimson-Brown.
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