News Story of the Day: The Bureau of Labor Statistics (BLS) released October’s Producer Price Index (PPI), which rose by a bigger-than-expected 0.6 percent. This is the biggest jump in six years. It was led by higher food, gasoline, and chemical prices.
Despite the spike, experts agree that inflation appears to be in check because the year-over-year performance is lower than it was this past summer.
Either way, inflation is coming.
Chart of the Day: Mother Jones is out with a new chart that the website describes as a “chart of the decade”:
What is this and why does it matter?
Let me explain. The authors collected every significant clinical study of drugs and dietary supplements for the treatment or prevention of cardiovascular disease between 1974 and 2012. Then they displayed them on a scatterplot.
Prior to 2000, researchers could do just about anything they wanted. All they had to do was run the study, collect the data, and then look to see if they could pull something positive out of it. And they did! Out of 22 studies, 13 showed significant benefits. That’s 59 percent of all studies. Pretty good!
Then, in 2000, the rules changed. Researchers were required before the study started to say what they were looking for. They couldn’t just mine the data afterward looking for anything that happened to be positive. They had to report the results they said they were going to report.
And guess what? Out of 21 studies, only two showed significant benefits. That’s 10 percent of all studies. Ugh. And one of the studies even demonstrated harm, something that had never happened before 2000
Reports for all-cause mortality were similar. Before 2000, 5 out of 24 trials showed reductions in mortality. After 2000, not a single study showed a reduction in mortality.
Illustration of the Day: No matter what side of the fence you’re on, this is pretty funny.
Quote of the Day: The great Tom Woods recently wrote in a newsletter pertaining to the left’s fascism and terrorist efforts and its assault on Tucker Carlson’s home:
They live in a universe in which the GOP is about to abolish the welfare state, the Ku Klux Klan (which has somewhere between 3000 and 6000 members nationwide) is an influential institution, the United States has a “rape culture,” white nationalists can be found in many prominent positions, and “literal Nazis” are in the White House.
When asked for evidence to support bizarre, tone-deaf, I’m-living-on-another-planet claims like these, the so-called evidence always winds up like that article — either showing nothing of the kind, or indeed proving the exact opposite.
The fact-free universe they live in, which stokes their emotional hypochondria, motivates the mobs threatening people like Carlson.
Tweet of the Day: Here is a devastating statistic:
Report: Distracted Driving Results In More Than 5,000 Unfinished Texts Each Year https://t.co/BoWtnEBP0q pic.twitter.com/Kj5SZBEeUr
— The Onion (@TheOnion) November 9, 2018
Video of the Day: Counterfeit News Network’s Jim Acosta claims he “never” touched the White House intern. While everyone argues if he assaulted her or she assaulted, the CSPAN video clearly shows that he touched her, whether something was doctored or not. Here is the clip that you’ve probably seen 10,000 times by now:
By the way, all of this could have been avoided if he just acted respectfully and handed the microphone to one of his colleagues rather than grandstanding and giving his opinion.
The American Cold War keeps growing between the Globalist and the Republic loving People, how much longer before it gets out of hand and goes hot is anybodys guess.
IMHO