I’d like to see O’s grade in calculus, assuming he ever took it. It seems he can’t imagine a nonlinear function.
Or, the simple fact that any positive function on a closed interval which achieves its minima on the boundaries (0% and 100% taxation) must achieve its maximum somewhere in between.
And, if you go one way, and the function decreases, and in fact, in every trial ever conducted it does so, you will almost certainly find greater success in achieving at least a local maximum by going in the opposite direction.
I was screaming at the TV when he said that. I looked down and saw it was 7 o’clock and said, “thanks Jebus for football!” Then, eagerly switched the channel to the Sunday night football. Little would I know I’d be screaming at the TV yet again as the Cowgirls blew it in the fourth.
I’m still waiting for evidence that Obama is intelligent.
I hereby christen the “MfK Curve” as the plot of tax “fairness” versus tax rate. It has a value of zero everywhere on the domain.
Nobel Committee, you may contact me through this blog…
That curve looks like the inverse of Obama’s Cost and Demand curve. If you increase Demand, Cost will decrease. Then there is Nancy Pelosi’s curve in which you increase welfare entitlements and the demand for them will fall. It is Progressive Economics 101.
I’d like to see O’s grade in calculus, assuming he ever took it. It seems he can’t imagine a nonlinear function.
Or, the simple fact that any positive function on a closed interval which achieves its minima on the boundaries (0% and 100% taxation) must achieve its maximum somewhere in between.
And, if you go one way, and the function decreases, and in fact, in every trial ever conducted it does so, you will almost certainly find greater success in achieving at least a local maximum by going in the opposite direction.
I was screaming at the TV when he said that. I looked down and saw it was 7 o’clock and said, “thanks Jebus for football!” Then, eagerly switched the channel to the Sunday night football. Little would I know I’d be screaming at the TV yet again as the Cowgirls blew it in the fourth.
I’m still waiting for evidence that Obama is intelligent.
I hereby christen the “MfK Curve” as the plot of tax “fairness” versus tax rate. It has a value of zero everywhere on the domain.
Nobel Committee, you may contact me through this blog…
That curve looks like the inverse of Obama’s Cost and Demand curve. If you increase Demand, Cost will decrease. Then there is Nancy Pelosi’s curve in which you increase welfare entitlements and the demand for them will fall. It is Progressive Economics 101.