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"content": "\u003cp>Happen to be doing some frantic, last minute holiday shopping this weekend? If so, you'll likely find yourself inadvertently diving head-first into a big stew of math.\u003c/p>\n\u003cp>Take that $130 pair of shoes you've been eyeing. Let's say Macy's just marked it down 20%. And on top of that, you've got a coupon for 10% off your entire purchase. So, you're looking at a sweet discount of 10% off 20% off $130.\u003c/p>\n\u003cp>So ... how much are those shoes going to cost you?\u003c/p>\n\u003cp>From sports to the news, to -- most importantly -- shopping, percentages are hard to avoid. To help make sense of it all, animator-explainer extraordinaire Josh Kurz breaks down the basic math of everyday percentage conundrums (including the answer to the above question) -- in three animated acts.\u003c/p>\n\u003cp>[youtube=http://www.youtube.com/watch?v=videoseries?list=PLtJ3pGPLv8ASu-zrlLKhoBVWfzOU7jaVI]\u003c/p>\n\u003cp>\u003c!--more-->\u003c/p>\n\u003cp>[ad fullwidth]\u003c/p>\n\u003cp>\u003c/p>\n\u003cp>\u003cem>\u003ca href=\"http://joshkurz.com\" target=\"_blank\">Josh Kurz\u003c/a> started out as an embryo, 53 times smaller than a US nickel. Born and raised in Brooklyn, New York, he began at an early age fusing the abstract concepts of science and comedy. Now he works as an independent filmmaker specializing in humorous science explainers ranging from the economics of voting to why some people (like he himself) hate cilantro. His work has been featured on WGBH, ABC, PBS, NPR, TEDed, and Radiolab.\u003c/em>\u003c/p>\n\n",
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"content": "\u003cdiv class=\"post-body\">\u003cp>\u003cp>Happen to be doing some frantic, last minute holiday shopping this weekend? If so, you'll likely find yourself inadvertently diving head-first into a big stew of math.\u003c/p>\n\u003cp>Take that $130 pair of shoes you've been eyeing. Let's say Macy's just marked it down 20%. And on top of that, you've got a coupon for 10% off your entire purchase. So, you're looking at a sweet discount of 10% off 20% off $130.\u003c/p>\n\u003cp>So ... how much are those shoes going to cost you?\u003c/p>\n\u003cp>From sports to the news, to -- most importantly -- shopping, percentages are hard to avoid. To help make sense of it all, animator-explainer extraordinaire Josh Kurz breaks down the basic math of everyday percentage conundrums (including the answer to the above question) -- in three animated acts.\u003c/p>\n\u003cp>\u003c/p>\u003cp>\u003cspan class='utils-parseShortcode-shortcodes-__youtubeShortcode__embedYoutube'>\n \u003cspan class='utils-parseShortcode-shortcodes-__youtubeShortcode__embedYoutubeInside'>\n \u003ciframe\n loading='lazy'\n class='utils-parseShortcode-shortcodes-__youtubeShortcode__youtubePlayer'\n type='text/html'\n src='//www.youtube.com/embed/videoseries?list=PLtJ3pGPLv8ASu-zrlLKhoBVWfzOU7jaVI'\n title='//www.youtube.com/embed/videoseries?list=PLtJ3pGPLv8ASu-zrlLKhoBVWfzOU7jaVI'\n allowfullscreen='true'\n style='border:0;'>\u003c/iframe>\n \u003c/span>\n \u003c/span>\u003c/p>\u003cp>\u003c/p>\n\u003cp>\u003c!--more-->\u003c/p>\n\u003cp>\u003c/p>\u003c/div>",
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"disqusTitle": "The Sequester Explained in Plain English",
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"content": "\u003cp>Well, it's official:\u003c/p>\n\u003cp>The U.S. has entered the dreaded sequester, a very costly consequence of the federal government failing to reach a budget deal by their self-imposed deadline (March 1). This is one for the history books - the largest, automatic across the board spending cuts in American history.\u003c/p>\n\u003cp>But if this latest government crisis hasn't been keeping you up at night, you're certainly not alone. A recent study found that the vast majority of Americans have paid little to no attention as the sequester drew near; many dismissed it as a poorly made sequel to last year's more compelling fiscal cliff thriller (along the lines of the \u003cem>The Hangover Part II\u003c/em>, if you will).\u003c/p>\n\u003cp>But despite the lack of popular interest, the sequester is actually a pretty big deal - and real pain will be felt. While it won't lead to across the board tax hikes - as the fiscal cliff threatened to do - it will result in sweeping cuts to government services that millions of Americans rely on.\u003c/p>\n\u003cp>In the days leading up to the deadline, Obama referred to the sequester as \"a meat cleaver approach\" to reducing the deficit, making dire warnings about the damage it would inflict on the economy and individual states.\u003c/p>\n\u003cp>[ad fullwidth]\u003c/p>\n\u003cp>\"Across the board spending cuts mean that hundreds of thousands of Americans won't get services they rely on from the government,\" he said.\u003c/p>\n\u003cp>\u003c!--more-->\u003c/p>\n\u003ch4>\u003cb>So ... what is it?\u003c/b>\u003c/h4>\n\u003cfigure id=\"attachment_6432\" class=\"wp-caption alignright\" style=\"max-width: 300px\">\u003ca href=\"http://www.nytimes.com/interactive/2013/02/23/us/politics/sequester.html?ref=politics\" rel=\"attachment wp-att-6432\">\u003cimg class=\"size-medium wp-image-6432 \" alt=\"where the cuts fall_times\" src=\"http://ww2.kqed.org/lowdown/wp-content/uploads/sites/26/2013/02/where-the-cuts-fall_times-300x195.jpg\" width=\"300\" height=\"195\">\u003c/a>\u003cfigcaption class=\"wp-caption-text\">Source: NY Times\u003c/figcaption>\u003c/figure>\n\u003cp>Let's start with the good news:\u003c/p>\n\u003cp>It's not a bird flu epidemic.\u003c/p>\n\u003cp>Now the bad news:\u003c/p>\n\u003cp>The sequester means more than $85 billion in automatic across the board spending cuts to military and domestic programs over the next seven months ($42.7 billion from each).\u003c/p>\n\u003cp>This is the first phase of the $1.2 trillion in total cuts set to take place by the end of 2021 (spread over the next nine years), sliced evenly and indiscriminately from a range of mostly discretionary spending programs (programs that Congress renews funding for every year). Defense programs will be cut by about 8 percent and domestic programs by about 5 percent.\u003c/p>\n\u003cp>In anticipation of the looming cuts, \u003ca href=\"http://www.npr.org/2013/02/27/173034855/sequester-cuts-free-some-immigration-detainees\" target=\"_blank\">immigration officials have already started releasing detainees \u003c/a>from detention centers to reduce costs.\u003c/p>\n\u003cp>Only a handful of services are exempt from the cuts, including some basic safety net programs like Social Security, retirement programs, veterans’ benefits, Medicaid, and refundable tax credits.\u003c/p>\n\u003cp>\u003c!-- iframe plugin v.4.3 wordpress.org/plugins/iframe/ -->\u003cbr>\n\u003ciframe src=\"http://media.mtvnservices.com/embed/mgid:cms:video:thedailyshow.com:424130\" height=\"288\" width=\"425\" frameborder=\"0\" scrolling=\"yes\" class=\"iframe-class\">\u003c/iframe>\u003c/p>\n\u003ch4>\u003cstrong>How much is this gonna hurt?\u003c/strong>\u003c/h4>\n\u003cp>\u003ca href=\"http://www.texastribune.org/library/data/texas-sequester-cuts/\">\u003cimg class=\"alignright size-medium wp-image-6428\" style=\"border: 1px solid black\" alt=\"spending cuts_ttribune\" src=\"http://ww2.kqed.org/lowdown/wp-content/uploads/sites/26/2013/02/spending-cuts_ttribune-300x280.jpg\" width=\"300\" height=\"280\">\u003c/a>Brace yourself - it might sting pretty bad. That's according to congressional budget experts and a recent \u003ca href=\"http://www.whitehouse.gov/blog/2013/02/22/what-sequester#states\">report from the White House,\u003c/a> detailing the widespread impact the sequester will have across the country. Of course, there is some dispute over the extent of the damage, and a number of conservative groups – particularly those advocating for smaller government - argue that the \u003ca href=\"http://www.nationalreview.com/articles/341712/obama-s-sequester-scare-tactics-james-c-capretta\" target=\"_blank\">consequences have been grossly exaggerated\u003c/a>. While seemingly large, they say the cuts are still only a tiny percentage of the federal budget - just over 2 percent.\u003c/p>\n\u003cp>However, a series of independent analyses have made clear that these cuts will have significant impact throughout the country. Click on the image at right to see an interesting multimedia breakdown produced by the \u003ca href=\"http://www.texastribune.org/library/data/texas-sequester-cuts/\" target=\"_blank\">Texas Tribune\u003c/a> that shows the extent of various cuts in each state, as well as the impact-per-person.\u003c/p>\n\u003cp>Generally speaking, the sequester is expected to stunt America’s already sluggish economic recovery by reducing our growth (in terms of GDP) and killing approximately one million jobs over the next two years, according to estimates by the \u003ca href=\"http://bipartisanpolicy.org/blog/2013/02/sequester-need-to-know\">Bipartisan Policy Center\u003c/a>.\u003c/p>\n\u003cp>Most immediately, the cuts will impact millions of jobless Americans whose unemployment checks will be reduced by upwards of 10 percent beginning as early as mid-March.\u003c/p>\n\u003cp>It will also result in widespread service cuts, furloughs, and layoffs across government agencies.\u003c/p>\n\u003cp>These are some of the key cuts you may notice in the coming months (as reported by the \u003ca href=\"http://www.nytimes.com/2013/02/17/opinion/sunday/the-real-cost-of-shrinking-government.html?ref=editorials&_r=0&pagewanted=print\">NY Times\u003c/a>):\u003c/p>\n\u003cblockquote>\n\u003cul>\n\u003cli>\u003cstrong>Air Traffic\u003c/strong>: To meet the scheduled $600 million cut to its budget, the Federal Aviation Administration will likely furlough about 10 percent of its work force each day, including air traffic controllers. This will result in reduced air traffic throughout the country and increased delays. Travelers have already begun to experience some effects of this.\u003c/li>\n\u003c/ul>\n\u003cul>\n\u003cli>\u003cstrong>Early childhood education\u003c/strong>: The scheduled $424 million in cuts could mean an estimated 70,000 children losing access to Head Start programs and layoffs of roughly 14,000 teachers and other employees. Parents of about 30,000 low-income children could also lose child-care assistance.\u003c/li>\n\u003cli>\u003cstrong>Health\u003c/strong>: To meet its scheduled $350 million cut, the Centers for Disease Control and Prevention will likely perform significantly fewer preventative health screenings and STD tests and significantly decrease the availability of crucial vaccines. Facing a $120 million cut, community health centers will treat roughly 900,000 fewer patients who lack health insurance.\u003c/li>\n\u003cli>\u003cstrong>Food safety\u003c/strong>: A three-week furlough of all food safety employees could result in a shortage of meat and dairy, and lead to higher food prices and greater public health risks.\u003c/li>\n\u003cli>\u003cstrong>Environment\u003c/strong>: Several air-monitoring sites will be shut down, as will more than 100 water-quality projects around the country. In addition, roughly $100 million will be cut from the Superfund program that regulates the nation's worst polluters.\u003c/li>\n\u003cli>\u003cstrong>Recreation\u003c/strong>: National parks will have shorter hours, staffing reductions, service cuts and a decrease in firefighters and law enforcement.\u003c/li>\n\u003cli>\u003cstrong>Criminal justice\u003c/strong>: The nearly $1 billion in combined criminal justice cuts will significantly reduce the number of federal prison employees and F.B.I. officials. Additionally, federal prosecutors will likely handle 2,600 fewer cases each year.\u003c/li>\n\u003cli>\u003cstrong>Research\u003c/strong>: The National Science Foundation will cancel or reduce nearly 1,000 grants for research in things like clean energy, cyber-security, and education.\u003c/li>\n\u003cli>\u003cstrong>Defense\u003c/strong>: The sequester will likely impose numerous furlough days on civilian employees and force major cuts to the military's health insurance program. It would also curtail military operations, including an immediate shutdown of four naval air wings and cutbacks to satellite and missile warning systems. Additionally, the Army and Air Force both plan to significantly reduce training, allowing large numbers of units to fall below acceptable levels of combat readiness.\u003c/li>\n\u003c/ul>\n\u003c/blockquote>\n\u003cp>\u003cstrong>\u003cbr>\nFor more on how the sequester's impact in California:\u003cbr>\n\u003c/strong>\u003c/p>\n\u003ch4>\u003cb>Why's all this happening now?\u003c/b>\u003c/h4>\n\u003cp>Well, first thing to know is that the whole sequester situation is self-imposed. Yeah, you heard that right – this didn't have to happen; the government created it all.\u003c/p>\n\u003cp>The whole thing derives from that perennial debate between Republicans and Democrats over spending and taxation (kind of like those old \"Taste great, less filling\" commercials, but much less entertaining). Both parties want to reduce America's huge budget deficit (the big gap between what the government takes in as revenue and what it spends). But Republicans argue that this should be done by dramatically reducing government spending. Democrats, however, insist on preserving funding for most government services by increasing revenue through moderate tax increases. A middle ground, apparently, is hard to find to find.\u003c/p>\n\u003cp>Back in 2011, House Republicans refused to raise the debt ceiling (the amount that the U.S. is allowed to borrow to meet its spending obligations) without significant reductions to the massive deficit.\u003c/p>\n\u003cp>A bipartisan committee was tasked with coming up with a plan to reduce the deficit in a way that both parties could stomach.. And to force the process along, negotiators came up with a brilliantly sadistic self-discipline strategy: they created a set of consequences so undesirable it would push them to quickly agree on a reasonable solution.\u003c/p>\n\u003cp>It's kind of like pledging to burn your house down unless you get your homework done by a certain deadline. Obviously, you'd figure out a way to get your work done on time and save your home from being reduced to ashes.\u003c/p>\n\u003cp>Right?\u003c/p>\n\u003cp>Not so much with the government. For every self-imposed deadline negotiators have run up against since 2011, little has been resolved - they've just managed to narrowly avert economic disaster by repeatedly postponing the hard decisions.\u003c/p>\n\u003cp>In short, the sequester is an outcome that almost no one - Republican or Democrat - is happy about.\u003c/p>\n\u003ch4>\u003cb>But what about that whole fiscal cliff thing – didn’t we already resolve this?\u003c/b>\u003c/h4>\n\u003cp>The fiscal cliff would have raised just about everyone's taxes, and we narrowly averted plunging off it when Congress came up with a last minute deal on New Year’s Eve. But while that compromise prevented big tax increases, it didn’t resolve the looming threat of huge spending cuts - it just kicked the can down the road a few months. And now here we are again.\u003c/p>\n\u003ch4>Put it in perspective: h\u003cb>ow big is $85 billion?\u003c/b>\u003c/h4>\n\u003cp>Over the course of a full year, $85 billion in cuts comes to roughly 5 percent of domestic programs and 8 percent of defense programs. But because it's hitting in the middle of the fiscal year (ending in September), the cuts will be about double that rate for the next 7 months.\u003c/p>\n\u003ch4>\u003cb>Is there anyway to make this right?\u003c/b>\u003c/h4>\n\u003cp>There is, but that would involve the Republican-controlled Congress and the White House finding some budgetary compromise, which they don’t seem inclined to do. Obama wants a 50-50 mix of spending cuts and tax increases to replace the sequester and allow more time for to negotiate a better deal. But most Republicans remain staunchly opposed to the idea of any new tax increases.\u003c/p>\n\u003cp>The one action that both sides do seem willing to take is a measure to continue government funding through the end of the fiscal year - if they fail to do so by the end of March, the federal government will shut down.\u003c/p>\n\u003cp>Oy vey!\u003c/p>\n\u003cp>Alright - I know I'm going a bit overboard with the Daily Show clips, but this train analogy is just too brilliant to ignore.\u003c/p>\n\u003cp>[ad floatright]\u003c/p>\n\u003cp>\u003c!-- iframe plugin v.4.3 wordpress.org/plugins/iframe/ -->\u003cbr>\n\u003ciframe src=\"http://media.mtvnservices.com/embed/mgid:cms:video:thedailyshow.com:422640\" height=\"288\" width=\"425\" frameborder=\"0\" scrolling=\"yes\" class=\"iframe-class\">\u003c/iframe>\u003c/p>\n\n",
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"content": "\u003cdiv class=\"post-body\">\u003cp>\u003cp>Well, it's official:\u003c/p>\n\u003cp>The U.S. has entered the dreaded sequester, a very costly consequence of the federal government failing to reach a budget deal by their self-imposed deadline (March 1). This is one for the history books - the largest, automatic across the board spending cuts in American history.\u003c/p>\n\u003cp>But if this latest government crisis hasn't been keeping you up at night, you're certainly not alone. A recent study found that the vast majority of Americans have paid little to no attention as the sequester drew near; many dismissed it as a poorly made sequel to last year's more compelling fiscal cliff thriller (along the lines of the \u003cem>The Hangover Part II\u003c/em>, if you will).\u003c/p>\n\u003cp>But despite the lack of popular interest, the sequester is actually a pretty big deal - and real pain will be felt. While it won't lead to across the board tax hikes - as the fiscal cliff threatened to do - it will result in sweeping cuts to government services that millions of Americans rely on.\u003c/p>\n\u003cp>In the days leading up to the deadline, Obama referred to the sequester as \"a meat cleaver approach\" to reducing the deficit, making dire warnings about the damage it would inflict on the economy and individual states.\u003c/p>\n\u003cp>\u003c/p>\u003c/div>",
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"content": "\u003cdiv class=\"post-body\">\u003cp>\u003c/p>\n\u003cp>\"Across the board spending cuts mean that hundreds of thousands of Americans won't get services they rely on from the government,\" he said.\u003c/p>\n\u003cp>\u003c!--more-->\u003c/p>\n\u003ch4>\u003cb>So ... what is it?\u003c/b>\u003c/h4>\n\u003cfigure id=\"attachment_6432\" class=\"wp-caption alignright\" style=\"max-width: 300px\">\u003ca href=\"http://www.nytimes.com/interactive/2013/02/23/us/politics/sequester.html?ref=politics\" rel=\"attachment wp-att-6432\">\u003cimg class=\"size-medium wp-image-6432 \" alt=\"where the cuts fall_times\" src=\"http://ww2.kqed.org/lowdown/wp-content/uploads/sites/26/2013/02/where-the-cuts-fall_times-300x195.jpg\" width=\"300\" height=\"195\">\u003c/a>\u003cfigcaption class=\"wp-caption-text\">Source: NY Times\u003c/figcaption>\u003c/figure>\n\u003cp>Let's start with the good news:\u003c/p>\n\u003cp>It's not a bird flu epidemic.\u003c/p>\n\u003cp>Now the bad news:\u003c/p>\n\u003cp>The sequester means more than $85 billion in automatic across the board spending cuts to military and domestic programs over the next seven months ($42.7 billion from each).\u003c/p>\n\u003cp>This is the first phase of the $1.2 trillion in total cuts set to take place by the end of 2021 (spread over the next nine years), sliced evenly and indiscriminately from a range of mostly discretionary spending programs (programs that Congress renews funding for every year). Defense programs will be cut by about 8 percent and domestic programs by about 5 percent.\u003c/p>\n\u003cp>In anticipation of the looming cuts, \u003ca href=\"http://www.npr.org/2013/02/27/173034855/sequester-cuts-free-some-immigration-detainees\" target=\"_blank\">immigration officials have already started releasing detainees \u003c/a>from detention centers to reduce costs.\u003c/p>\n\u003cp>Only a handful of services are exempt from the cuts, including some basic safety net programs like Social Security, retirement programs, veterans’ benefits, Medicaid, and refundable tax credits.\u003c/p>\n\u003cp>\u003c!-- iframe plugin v.4.3 wordpress.org/plugins/iframe/ -->\u003cbr>\n\u003ciframe src=\"http://media.mtvnservices.com/embed/mgid:cms:video:thedailyshow.com:424130\" height=\"288\" width=\"425\" frameborder=\"0\" scrolling=\"yes\" class=\"iframe-class\">\u003c/iframe>\u003c/p>\n\u003ch4>\u003cstrong>How much is this gonna hurt?\u003c/strong>\u003c/h4>\n\u003cp>\u003ca href=\"http://www.texastribune.org/library/data/texas-sequester-cuts/\">\u003cimg class=\"alignright size-medium wp-image-6428\" style=\"border: 1px solid black\" alt=\"spending cuts_ttribune\" src=\"http://ww2.kqed.org/lowdown/wp-content/uploads/sites/26/2013/02/spending-cuts_ttribune-300x280.jpg\" width=\"300\" height=\"280\">\u003c/a>Brace yourself - it might sting pretty bad. That's according to congressional budget experts and a recent \u003ca href=\"http://www.whitehouse.gov/blog/2013/02/22/what-sequester#states\">report from the White House,\u003c/a> detailing the widespread impact the sequester will have across the country. Of course, there is some dispute over the extent of the damage, and a number of conservative groups – particularly those advocating for smaller government - argue that the \u003ca href=\"http://www.nationalreview.com/articles/341712/obama-s-sequester-scare-tactics-james-c-capretta\" target=\"_blank\">consequences have been grossly exaggerated\u003c/a>. While seemingly large, they say the cuts are still only a tiny percentage of the federal budget - just over 2 percent.\u003c/p>\n\u003cp>However, a series of independent analyses have made clear that these cuts will have significant impact throughout the country. Click on the image at right to see an interesting multimedia breakdown produced by the \u003ca href=\"http://www.texastribune.org/library/data/texas-sequester-cuts/\" target=\"_blank\">Texas Tribune\u003c/a> that shows the extent of various cuts in each state, as well as the impact-per-person.\u003c/p>\n\u003cp>Generally speaking, the sequester is expected to stunt America’s already sluggish economic recovery by reducing our growth (in terms of GDP) and killing approximately one million jobs over the next two years, according to estimates by the \u003ca href=\"http://bipartisanpolicy.org/blog/2013/02/sequester-need-to-know\">Bipartisan Policy Center\u003c/a>.\u003c/p>\n\u003cp>Most immediately, the cuts will impact millions of jobless Americans whose unemployment checks will be reduced by upwards of 10 percent beginning as early as mid-March.\u003c/p>\n\u003cp>It will also result in widespread service cuts, furloughs, and layoffs across government agencies.\u003c/p>\n\u003cp>These are some of the key cuts you may notice in the coming months (as reported by the \u003ca href=\"http://www.nytimes.com/2013/02/17/opinion/sunday/the-real-cost-of-shrinking-government.html?ref=editorials&_r=0&pagewanted=print\">NY Times\u003c/a>):\u003c/p>\n\u003cblockquote>\n\u003cul>\n\u003cli>\u003cstrong>Air Traffic\u003c/strong>: To meet the scheduled $600 million cut to its budget, the Federal Aviation Administration will likely furlough about 10 percent of its work force each day, including air traffic controllers. This will result in reduced air traffic throughout the country and increased delays. Travelers have already begun to experience some effects of this.\u003c/li>\n\u003c/ul>\n\u003cul>\n\u003cli>\u003cstrong>Early childhood education\u003c/strong>: The scheduled $424 million in cuts could mean an estimated 70,000 children losing access to Head Start programs and layoffs of roughly 14,000 teachers and other employees. Parents of about 30,000 low-income children could also lose child-care assistance.\u003c/li>\n\u003cli>\u003cstrong>Health\u003c/strong>: To meet its scheduled $350 million cut, the Centers for Disease Control and Prevention will likely perform significantly fewer preventative health screenings and STD tests and significantly decrease the availability of crucial vaccines. Facing a $120 million cut, community health centers will treat roughly 900,000 fewer patients who lack health insurance.\u003c/li>\n\u003cli>\u003cstrong>Food safety\u003c/strong>: A three-week furlough of all food safety employees could result in a shortage of meat and dairy, and lead to higher food prices and greater public health risks.\u003c/li>\n\u003cli>\u003cstrong>Environment\u003c/strong>: Several air-monitoring sites will be shut down, as will more than 100 water-quality projects around the country. In addition, roughly $100 million will be cut from the Superfund program that regulates the nation's worst polluters.\u003c/li>\n\u003cli>\u003cstrong>Recreation\u003c/strong>: National parks will have shorter hours, staffing reductions, service cuts and a decrease in firefighters and law enforcement.\u003c/li>\n\u003cli>\u003cstrong>Criminal justice\u003c/strong>: The nearly $1 billion in combined criminal justice cuts will significantly reduce the number of federal prison employees and F.B.I. officials. Additionally, federal prosecutors will likely handle 2,600 fewer cases each year.\u003c/li>\n\u003cli>\u003cstrong>Research\u003c/strong>: The National Science Foundation will cancel or reduce nearly 1,000 grants for research in things like clean energy, cyber-security, and education.\u003c/li>\n\u003cli>\u003cstrong>Defense\u003c/strong>: The sequester will likely impose numerous furlough days on civilian employees and force major cuts to the military's health insurance program. It would also curtail military operations, including an immediate shutdown of four naval air wings and cutbacks to satellite and missile warning systems. Additionally, the Army and Air Force both plan to significantly reduce training, allowing large numbers of units to fall below acceptable levels of combat readiness.\u003c/li>\n\u003c/ul>\n\u003c/blockquote>\n\u003cp>\u003cstrong>\u003cbr>\nFor more on how the sequester's impact in California:\u003cbr>\n\u003c/strong>\u003c/p>\n\u003ch4>\u003cb>Why's all this happening now?\u003c/b>\u003c/h4>\n\u003cp>Well, first thing to know is that the whole sequester situation is self-imposed. Yeah, you heard that right – this didn't have to happen; the government created it all.\u003c/p>\n\u003cp>The whole thing derives from that perennial debate between Republicans and Democrats over spending and taxation (kind of like those old \"Taste great, less filling\" commercials, but much less entertaining). Both parties want to reduce America's huge budget deficit (the big gap between what the government takes in as revenue and what it spends). But Republicans argue that this should be done by dramatically reducing government spending. Democrats, however, insist on preserving funding for most government services by increasing revenue through moderate tax increases. A middle ground, apparently, is hard to find to find.\u003c/p>\n\u003cp>Back in 2011, House Republicans refused to raise the debt ceiling (the amount that the U.S. is allowed to borrow to meet its spending obligations) without significant reductions to the massive deficit.\u003c/p>\n\u003cp>A bipartisan committee was tasked with coming up with a plan to reduce the deficit in a way that both parties could stomach.. And to force the process along, negotiators came up with a brilliantly sadistic self-discipline strategy: they created a set of consequences so undesirable it would push them to quickly agree on a reasonable solution.\u003c/p>\n\u003cp>It's kind of like pledging to burn your house down unless you get your homework done by a certain deadline. Obviously, you'd figure out a way to get your work done on time and save your home from being reduced to ashes.\u003c/p>\n\u003cp>Right?\u003c/p>\n\u003cp>Not so much with the government. For every self-imposed deadline negotiators have run up against since 2011, little has been resolved - they've just managed to narrowly avert economic disaster by repeatedly postponing the hard decisions.\u003c/p>\n\u003cp>In short, the sequester is an outcome that almost no one - Republican or Democrat - is happy about.\u003c/p>\n\u003ch4>\u003cb>But what about that whole fiscal cliff thing – didn’t we already resolve this?\u003c/b>\u003c/h4>\n\u003cp>The fiscal cliff would have raised just about everyone's taxes, and we narrowly averted plunging off it when Congress came up with a last minute deal on New Year’s Eve. But while that compromise prevented big tax increases, it didn’t resolve the looming threat of huge spending cuts - it just kicked the can down the road a few months. And now here we are again.\u003c/p>\n\u003ch4>Put it in perspective: h\u003cb>ow big is $85 billion?\u003c/b>\u003c/h4>\n\u003cp>Over the course of a full year, $85 billion in cuts comes to roughly 5 percent of domestic programs and 8 percent of defense programs. But because it's hitting in the middle of the fiscal year (ending in September), the cuts will be about double that rate for the next 7 months.\u003c/p>\n\u003ch4>\u003cb>Is there anyway to make this right?\u003c/b>\u003c/h4>\n\u003cp>There is, but that would involve the Republican-controlled Congress and the White House finding some budgetary compromise, which they don’t seem inclined to do. Obama wants a 50-50 mix of spending cuts and tax increases to replace the sequester and allow more time for to negotiate a better deal. But most Republicans remain staunchly opposed to the idea of any new tax increases.\u003c/p>\n\u003cp>The one action that both sides do seem willing to take is a measure to continue government funding through the end of the fiscal year - if they fail to do so by the end of March, the federal government will shut down.\u003c/p>\n\u003cp>Oy vey!\u003c/p>\n\u003cp>Alright - I know I'm going a bit overboard with the Daily Show clips, but this train analogy is just too brilliant to ignore.\u003c/p>\n\u003cp>\u003c/p>\u003c/div>",
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"disqusTitle": "Making Sense of Debt, Deficits and Other Dull Mysteries of the Universe",
"title": "Making Sense of Debt, Deficits and Other Dull Mysteries of the Universe",
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"content": "\u003cp>\u003c!-- iframe plugin v.4.3 wordpress.org/plugins/iframe/ -->\u003cbr>\n\u003ciframe src=\"http://www.youtube.com/embed/iTBODoBaCns\" allowfullscreen frameborder=\"0\" width=\"100%\" height=\"500\" scrolling=\"yes\" class=\"iframe-class\">\u003c/iframe>\u003c/p>\n\u003cp>There's been a lot of news recently about the government's ongoing battle over the deficit and the debt ceiling.\u003c/p>\n\u003cp>But what does it all really mean?\u003c/p>\n\u003cp>If you happened to be snoozing through most of your 12th grade economics class, here's a quick refresher:\u003c/p>\n\u003cp>The deficit is the gap between what the government spends and what it actually makes in revenue (through taxes).\u003c/p>\n\u003cp>[ad fullwidth]\u003c/p>\n\u003cp>So, basically, to put it into first-grade math terms: (\u003cstrong>D)eficit = (S)pending - (R)evenue \u003c/strong>\u003cbr>\n\u003c!--more-->\u003c/p>\n\u003cp>Debt - as many college students are all too familiar with - is the amount you owe someone else. The U.S. government has racked up a lot of it over the years in order to pay for all of its programs and services - \u003ca href=\"http://www.usdebtclock.org/\" target=\"_blank\">more than $16.6 trillion, or roughly $52,000 for every American\u003c/a>. The debt limit or debt ceiling is the threshold for how much the government can borrow to meet its spending obligations (this sets the limit for how deep into debt American can slide).\u003c/p>\n\u003cp>Over the years, as the national debt has grown, the Treasury has periodically bumped up against this ceiling. As required by the Constitution, Congress must then approve raising that limit so the government can continue paying for stuff. Although never a particularly popular thing to do, Congress has agreed to raise this limit dozens of time with little fanfare (until recently). Because if the ceiling is not raised, than the U.S. would have to default on its debt. And that would be really bad news.\u003c/p>\n\u003cp>\u003c!-- iframe plugin v.4.3 wordpress.org/plugins/iframe/ -->\u003cbr>\n\u003ciframe src=\"http://charts-datawrapper.s3.amazonaws.com/VJVH8/index.html\" height=\"400\" width=\"600\" allowfullscreen frameborder=\"0\" scrolling=\"yes\" class=\"iframe-class\">\u003c/iframe>\u003c/p>\n\u003cp>One way of making some sense of all this stuff is thinking about your own credit card account:\u003c/p>\n\u003cp>Let's say you want to buy a new big flat screen TV that costs $2,000, but you only have $1,000 in your bank account. In other words, you have a \u003cem>deficit\u003c/em> of a grand.\u003c/p>\n\u003cp>So, \\what are you gonna do?\u003c/p>\n\u003cp>Well, while prudence might suggest saving up until you have enough dough to actually pay for the TV upfront, instant gratification suggests otherwise. So you reach for your credit card and charge it. That is, you pay for it with money you don't actually have: you make the conscious choice to hold onto the $1,000 in your pocket - which you need to pay for your other expenses - and agree to go $2,000 into debt to get the what you want right now.\u003c/p>\n\u003cp>But before you stepped into the electronics store, you had set your \u003cem>debt ceiling\u003c/em> at only $1,000 - the most you ever intended to owe anyone at any given time. But now, since you're borrowing $2,000, you're actually raising your debt ceiling to pay for something that barely fits in your living room.\u003c/p>\n\u003cp>Of course, the credit card company isn't lending you this money out of the kindness of its heart - it's making a profit by charging you interest. A whole lot it. And the longer you take the pay off the debt, the more interest you rack up.\u003c/p>\n\u003cp>So, whereas that TV would have cost a cool $2,000 if you had the money to pay for it when you bought it, it's now costing you a good deal more since you're paying off not only the initial cost ($2,000), but also the interest (whatever huge percentage the credit card company is charging you). In other words, the longer you take to pay off the TV, the more debt you accumulate, and the more that TV costs in the long run.\u003c/p>\n\u003cp>To get a sense of just how fast the U.S. accumulates debt, check out this crrazy real time debt clock (click on the image below).\u003c/p>\n\u003cp>\u003c/p>\n\u003cp>\u003ca href=\"http://www.usdebtclock.org/\" rel=\"attachment wp-att-6514\">\u003cimg class=\"alignright size-large wp-image-6514\" alt=\"debtclock\" src=\"http://ww2.kqed.org/lowdown/wp-content/uploads/sites/26/2013/03/debtclock-620x444.jpg\" width=\"620\" height=\"444\">\u003c/a>\u003c/p>\n\n",
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"content": "\u003cdiv class=\"post-body\">\u003cp>\u003c/p>\n\u003cp>So, basically, to put it into first-grade math terms: (\u003cstrong>D)eficit = (S)pending - (R)evenue \u003c/strong>\u003cbr>\n\u003c!--more-->\u003c/p>\n\u003cp>Debt - as many college students are all too familiar with - is the amount you owe someone else. The U.S. government has racked up a lot of it over the years in order to pay for all of its programs and services - \u003ca href=\"http://www.usdebtclock.org/\" target=\"_blank\">more than $16.6 trillion, or roughly $52,000 for every American\u003c/a>. The debt limit or debt ceiling is the threshold for how much the government can borrow to meet its spending obligations (this sets the limit for how deep into debt American can slide).\u003c/p>\n\u003cp>Over the years, as the national debt has grown, the Treasury has periodically bumped up against this ceiling. As required by the Constitution, Congress must then approve raising that limit so the government can continue paying for stuff. Although never a particularly popular thing to do, Congress has agreed to raise this limit dozens of time with little fanfare (until recently). Because if the ceiling is not raised, than the U.S. would have to default on its debt. And that would be really bad news.\u003c/p>\n\u003cp>\u003c!-- iframe plugin v.4.3 wordpress.org/plugins/iframe/ -->\u003cbr>\n\u003ciframe src=\"http://charts-datawrapper.s3.amazonaws.com/VJVH8/index.html\" height=\"400\" width=\"600\" allowfullscreen frameborder=\"0\" scrolling=\"yes\" class=\"iframe-class\">\u003c/iframe>\u003c/p>\n\u003cp>One way of making some sense of all this stuff is thinking about your own credit card account:\u003c/p>\n\u003cp>Let's say you want to buy a new big flat screen TV that costs $2,000, but you only have $1,000 in your bank account. In other words, you have a \u003cem>deficit\u003c/em> of a grand.\u003c/p>\n\u003cp>So, \\what are you gonna do?\u003c/p>\n\u003cp>Well, while prudence might suggest saving up until you have enough dough to actually pay for the TV upfront, instant gratification suggests otherwise. So you reach for your credit card and charge it. That is, you pay for it with money you don't actually have: you make the conscious choice to hold onto the $1,000 in your pocket - which you need to pay for your other expenses - and agree to go $2,000 into debt to get the what you want right now.\u003c/p>\n\u003cp>But before you stepped into the electronics store, you had set your \u003cem>debt ceiling\u003c/em> at only $1,000 - the most you ever intended to owe anyone at any given time. But now, since you're borrowing $2,000, you're actually raising your debt ceiling to pay for something that barely fits in your living room.\u003c/p>\n\u003cp>Of course, the credit card company isn't lending you this money out of the kindness of its heart - it's making a profit by charging you interest. A whole lot it. And the longer you take the pay off the debt, the more interest you rack up.\u003c/p>\n\u003cp>So, whereas that TV would have cost a cool $2,000 if you had the money to pay for it when you bought it, it's now costing you a good deal more since you're paying off not only the initial cost ($2,000), but also the interest (whatever huge percentage the credit card company is charging you). In other words, the longer you take to pay off the TV, the more debt you accumulate, and the more that TV costs in the long run.\u003c/p>\n\u003cp>To get a sense of just how fast the U.S. accumulates debt, check out this crrazy real time debt clock (click on the image below).\u003c/p>\n\u003cp>\u003c/p>\n\u003cp>\u003ca href=\"http://www.usdebtclock.org/\" rel=\"attachment wp-att-6514\">\u003cimg class=\"alignright size-large wp-image-6514\" alt=\"debtclock\" src=\"http://ww2.kqed.org/lowdown/wp-content/uploads/sites/26/2013/03/debtclock-620x444.jpg\" width=\"620\" height=\"444\">\u003c/a>\u003c/p>\n\n\u003c/div>\u003c/p>",
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"content": "\u003cfigure class=\"wp-caption alignleft\" style=\"max-width: 248px\">\u003cimg src=\"http://u.s.kqed.net/2012/10/15/brownbudget20120515.jpg\" alt=\"\" width=\"248\" height=\"140\">\u003cfigcaption class=\"wp-caption-text\">Kevork Djansezian/Getty Images\u003c/figcaption>\u003c/figure>\n\u003cp>Wait ... Californians actually voted to tax increase their own taxes?\u003c/p>\n\u003cp>Get outta here!\u003c/p>\n\u003cp>Like most Americans, California residents don't look too kindly on the notion of raising taxes. In fact, voters have rejected statewide tax measures the last seven times they've been on the ballot!\u003c/p>\n\u003cp>So in many ways, it's pretty miraculous that on Tuesday 54 percent of California's electorate approved \u003ca href=\"http://blogs.kqed.org/election2012/2012/11/07/gov-browns-proposition-30-passed-by-solid-margin-will-fund-schools/\" target=\"_blank\">Proposition 30\u003c/a>, which temporarily increases sales tax for everyone by a quarter cent and raises income taxes for those making over $250,000. The measure, which Governor Jerry Brown crafted and threw himself behind, is expected to raise about $6 billion a year and prevent massive cuts to the state's already beleaguered public education system.\u003c/p>\n\u003cp>Here's how it'll affect you:\u003c/p>\n\u003cp>[ad fullwidth]\u003c/p>\n\u003cp>[youtube=http://www.youtube.com/watch?v=4OLNYPDnOcE]\u003c/p>\n\u003cp>Brown staked much of his political reputation on winning what became a bitter, hard-fought, and incredibly pricey fight; both sides waged a relentless ad war, \u003ca href=\"http://votersedge.org/california/ballot-measures/2012/november/prop-30\" target=\"_blank\">collectively spending more than $120 million.\u003c/a>\u003c/p>\n\u003cp>\"I know a lot of people had some doubts and some questions: Can you really go to the people and ask them to vote for a tax?'' Brown told supporters at the victory party late Tuesday night. \"Well here we are. We have a vote of the people - I think the only place in America where a state actually said, let's raise our taxes for our kids, our schools, for our California dream.\"\u003c/p>\n\u003cp>And he was right. In a state where voters haven't approved a tax hike in almost three decades, the very real threat of huge cuts to education appears to have actually resonated with voters.\u003c/p>\n\u003cp>The consensus seemed to be: \"Yes, taxes suck, but some things are just too important to lose.\"\u003c/p>\n\u003cp>The temporary nature of the tax, also, likely made the measure more palatable to voters.\u003c/p>\n\u003cp>\u003c/p>\n\u003cp>Interestingly, it was younger voters who turned out in force on Tuesday in support of the measure. Voters ages 18-29 - who Brown and his campaign targeted - made up almost 30 percent of the electorate and were critical in pushing the measure through.\u003c/p>\n\n",
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"content": "\u003cdiv class=\"post-body\">\u003cp>\u003c/p>\n\u003cp>\u003c/p>\u003cp>\u003cspan class='utils-parseShortcode-shortcodes-__youtubeShortcode__embedYoutube'>\n \u003cspan class='utils-parseShortcode-shortcodes-__youtubeShortcode__embedYoutubeInside'>\n \u003ciframe\n loading='lazy'\n class='utils-parseShortcode-shortcodes-__youtubeShortcode__youtubePlayer'\n type='text/html'\n src='//www.youtube.com/embed/4OLNYPDnOcE'\n title='//www.youtube.com/embed/4OLNYPDnOcE'\n allowfullscreen='true'\n style='border:0;'>\u003c/iframe>\n \u003c/span>\n \u003c/span>\u003c/p>\u003cp>\u003c/p>\n\u003cp>Brown staked much of his political reputation on winning what became a bitter, hard-fought, and incredibly pricey fight; both sides waged a relentless ad war, \u003ca href=\"http://votersedge.org/california/ballot-measures/2012/november/prop-30\" target=\"_blank\">collectively spending more than $120 million.\u003c/a>\u003c/p>\n\u003cp>\"I know a lot of people had some doubts and some questions: Can you really go to the people and ask them to vote for a tax?'' Brown told supporters at the victory party late Tuesday night. \"Well here we are. We have a vote of the people - I think the only place in America where a state actually said, let's raise our taxes for our kids, our schools, for our California dream.\"\u003c/p>\n\u003cp>And he was right. In a state where voters haven't approved a tax hike in almost three decades, the very real threat of huge cuts to education appears to have actually resonated with voters.\u003c/p>\n\u003cp>The consensus seemed to be: \"Yes, taxes suck, but some things are just too important to lose.\"\u003c/p>\n\u003cp>The temporary nature of the tax, also, likely made the measure more palatable to voters.\u003c/p>\n\u003cp>\u003c/p>\n\u003cp>Interestingly, it was younger voters who turned out in force on Tuesday in support of the measure. Voters ages 18-29 - who Brown and his campaign targeted - made up almost 30 percent of the electorate and were critical in pushing the measure through.\u003c/p>\n\n\u003c/div>\u003c/p>",
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"content": "\u003cp>The world is not an equal place, and some places are a lot more unequal than others.\u003c/p>\n\u003cp>A national political border can have incredible significance; an abstract line separating neighboring peoples, economies, even life expectancies. Using GDP per capita as an indicator (sourcing the most recent \u003ca href=\"https://www.cia.gov/library/publications/the-world-factbook/rankorder/2004rank.html\" target=\"_blank\">Central Intelligence Agency\u003c/a> data), the wealth divide between these four pairs of countries is vast ... even though they geographically sit side by side.\u003c/p>\n\u003cp>(\u003ca href=\"http://ww2.kqed.org/lowdown/2012/08/10/oh-no-he-didnt-wait-but-what-does-gdp-per-capita-actually-mean/\" target=\"_blank\">GDP defined\u003c/a>)\u003c/p>\n\u003cp>Click on each country below to see the extent of the financial divide.\u003cbr>\n(I'll leave it to you to figure out why this is.)\u003ca href=\"http://ww2.kqed.org/lowdown/wp-content/uploads/sites/26/2012/08/GDP-Legend_take2.png\">\u003cimg class=\"size-full wp-image-3176 alignright\" title=\"GDP Legend_take2\" src=\"http://ww2.kqed.org/lowdown/wp-content/uploads/sites/26/2012/08/GDP-Legend_take2.png\" alt=\"\" width=\"156\" height=\"118\">\u003c/a>\u003c/p>\n\u003ch4>Kuwait and Iraq\u003c/h4>\n\u003cp>Difference in GDP per capita: $38,300\u003c/p>\n\u003cp>[ad fullwidth]\u003c/p>\n\u003cp>\u003c!-- iframe plugin v.4.3 wordpress.org/plugins/iframe/ -->\u003cbr>\n\u003ciframe src=\"https://www.google.com/fusiontables/embedviz?viz=MAP&q=select+col0%3E%3E1+from+1c559__gMjzLYi2AaiiisurnwFQp3jN-xfspRvS8&h=false&lat=32.99555220119691&lng=44.18701171875&z=5&t=1&l=col0%3E%3E1\" frameborder=\"no\" scrolling=\"no\" width=\"400\" height=\"300\" class=\"iframe-class\">\u003c/iframe>\u003c/p>\n\u003ch4>United States and Mexico\u003c/h4>\n\u003ch5>Difference in GDP per capita: $34,200\u003c/h5>\n\u003cp>\u003c!-- iframe plugin v.4.3 wordpress.org/plugins/iframe/ -->\u003cbr>\n\u003ciframe src=\"https://www.google.com/fusiontables/embedviz?viz=MAP&q=select+col0%3E%3E1+from+1c559__gMjzLYi2AaiiisurnwFQp3jN-xfspRvS8&h=false&lat=33.82093267450634&lng=-100.8544921875&z=3&t=1&l=col0%3E%3E1\" frameborder=\"no\" scrolling=\"no\" width=\"400\" height=\"300\" class=\"iframe-class\">\u003c/iframe>\u003c/p>\n\u003ch4>Brunei and Malaysia\u003c/h4>\n\u003ch5>Difference in GDP per capita: $34,200 (tied with U.S.- Mexico)\u003c/h5>\n\u003ch5>\n\u003c!-- iframe plugin v.4.3 wordpress.org/plugins/iframe/ -->\u003cbr>\n\u003ciframe src=\"https://www.google.com/fusiontables/embedviz?viz=MAP&q=select+col0%3E%3E1+from+1c559__gMjzLYi2AaiiisurnwFQp3jN-xfspRvS8&h=false&lat=0.8247918152293439&lng=113.9117431640625&z=5&t=1&l=col0%3E%3E1\" frameborder=\"no\" scrolling=\"no\" width=\"400\" height=\"300\" class=\"iframe-class\">\u003c/iframe>\u003cbr>\n\u003c/h5>\n\u003ch4>North Korea and South Korea\u003c/h4>\n\u003ch5>Difference in GDP per capita: $30,000\u003c/h5>\n\u003cp>\u003c/p>\n\u003cp>\u003c!-- iframe plugin v.4.3 wordpress.org/plugins/iframe/ -->\u003cbr>\n\u003ciframe src=\"https://www.google.com/fusiontables/embedviz?viz=MAP&q=select+col0%3E%3E1+from+1c559__gMjzLYi2AaiiisurnwFQp3jN-xfspRvS8&h=false&lat=37.988170897270216&lng=126.6998291015625&z=5&t=1&l=col0%3E%3E1\" frameborder=\"no\" scrolling=\"no\" width=\"400\" height=\"300\" class=\"iframe-class\">\u003c/iframe>\u003c/p>\n\n",
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"content": "\u003cp>Now that you can drop the concept of GDP per capita like the pros do, check out this interactive map that lists just about every country in the world (226) and their respective GDP per capita ranks in U.S. dollars. These figures are based on \u003ca href=\"https://www.cia.gov/library/publications/the-world-factbook/rankorder/2004rank.html\" target=\"_blank\">the most recent CIA data\u003c/a>, with estimates derived from purchasing power parity (a complicated theory used to determine the relative value of currencies). It's also worth noting that both the \u003ca href=\"http://en.wikipedia.org/wiki/List_of_countries_by_GDP_%28PPP%29_per_capita\" target=\"_blank\">International Monetary Fund and the World Bank\u003c/a> compile their own GDP per capita data with slightly differing results.\u003c/p>\n\u003cp>The highest GDP per capita goes to Liechtenstein. Never heard of it? It's really, really tiny, has a population of less than 40,000 and a GDP per capita of more than $141,000. In short, Liechtensteinians are living large.\u003c/p>\n\u003cp>At the bottom of the list is the Democratic Republic of Congo in Sub-Saharan Africa, where more than 71 million people on an average of $400 a year.\u003c/p>\n\u003cdiv>\n\u003c!-- iframe plugin v.4.3 wordpress.org/plugins/iframe/ -->\u003cbr>\n\u003ciframe src=\"https://www.google.com/fusiontables/embedviz?viz=MAP&q=select+col0%3E%3E1+from+1c559__gMjzLYi2AaiiisurnwFQp3jN-xfspRvS8&h=false&lat=21.846988477183213&lng=358.59375&z=2&t=1&l=col0%3E%3E1\" frameborder=\"no\" scrolling=\"no\" width=\"1000\" height=\"800\" class=\"iframe-class\">\u003c/iframe>\n\u003c/div>\n\u003cfigure id=\"attachment_3176\" class=\"wp-caption alignright\" style=\"max-width: 244px\">\u003ca href=\"http://ww2.kqed.org/lowdown/wp-content/uploads/sites/26/2012/08/GDP-Legend_take2.png\">\u003cimg class=\"wp-image-3176 size-full\" title=\"GDP Legend_take2\" src=\"http://ww2.kqed.org/lowdown/wp-content/uploads/sites/26/2012/08/GDP-Legend_take2.png\" alt=\"\" width=\"244\" height=\"185\">\u003c/a>\u003cfigcaption class=\"wp-caption-text\">Map legend\u003c/figcaption>\u003c/figure>\n\u003cp>[ad fullwidth]\u003c/p>\u003cp>\u003c/p>\n",
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"content": "\u003cp>During his recent trip abroad, Republican presidential nominee Mitt Romney caused a political stir in Israel (among other places he went) when he said that \"culture makes all the difference\" in explaining the vast difference in GDP per capita between Israel and its Palestinian neighbors.\u003c/p>\n\u003cp>And it's not hard to understand why Palestinians might have been a bit ticked off by the remark: it's basically saying that you'd be more financially successful if you changed your lifestyle. Harder to grasp, though, is the economic concept that Romney used in his comparison.\u003c!--more-->\u003c/p>\n\u003cp>\u003cem>GDP per capita\u003c/em>: One of those terms journalists and politicos throw out there as though it was something that normal humans conversed about at the dinner table. But what does it actually mean? And how is it relevant - or not - in determining a country’s well-being?\u003c/p>\n\u003cp>Put simply, \u003cem>Gross Domestic Product (GDP)\u003c/em> is one (of many) ways to measure a nation’s income and level of productivity. The textbook definition will tell you: it's the the market value of all goods and services that a country produces in a given period of time (generally a year).\u003c/p>\n\u003cp>In normal speak: it’s all the (legal) things that are produced and sold in a country, and all the wages and profits that are earned. Basically, an indicator of economic health and wellness.\u003c/p>\n\u003cp>[ad fullwidth]\u003c/p>\n\u003cp>\u003cem>GDP per capita\u003c/em>, then, is the total GDP value divided by the number of people who live in that country.\u003c/p>\n\u003cp>So, for instance, let’s imagine your family's house is a nation unto itself (work with me here): your dad’s a carpenter and makes, say, $50,000 a year selling his furniture. Your mom’s a lawyer and makes a salary of $70,000/year. You, however, are still in school and not working and thus, not making any income (freeloader!). So, the GDP of your household would be the sum of all those incomes: $120,000.\u003c/p>\n\u003cp>The GDP per capita, then, would be $120,000 divided by the number of people under your roof - the three of you. So … GDP per capita = $40,000.\u003c/p>\n\u003cp>GDP per capita is often used as a rough estimation of a nation’s general standard of living; the higher the GDP, the higher that standard. Of course, just looking at that figure alone can be pretty misleading, especially if there’s a lot wealth inequality within a particular country. Remember, that GDP per capita is just an average - it’s the income of a representative individual in a given country.\u003c/p>\n\u003cp>Take the United States, for instance: GDP per capita here is one of the highest in the world. And although the overall standard of living here is pretty high compared to a lot of other countries, there are also a lot of Americans who live in poverty.\u003c/p>\n\u003cp>Check out this explanatory animation on GDP per capita (I know, I know - it's econ - but it's kind of interesting!)\u003c/p>\n\u003cp>\u003c/p>\n\u003cp>[youtube=http://www.youtube.com/watch?v=yUiU_xRPwMc]\u003c/p>\n\n",
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"content": "\u003cdiv class=\"post-body\">\u003cp>\u003c/p>\n\u003cp>\u003cem>GDP per capita\u003c/em>, then, is the total GDP value divided by the number of people who live in that country.\u003c/p>\n\u003cp>So, for instance, let’s imagine your family's house is a nation unto itself (work with me here): your dad’s a carpenter and makes, say, $50,000 a year selling his furniture. Your mom’s a lawyer and makes a salary of $70,000/year. You, however, are still in school and not working and thus, not making any income (freeloader!). So, the GDP of your household would be the sum of all those incomes: $120,000.\u003c/p>\n\u003cp>The GDP per capita, then, would be $120,000 divided by the number of people under your roof - the three of you. So … GDP per capita = $40,000.\u003c/p>\n\u003cp>GDP per capita is often used as a rough estimation of a nation’s general standard of living; the higher the GDP, the higher that standard. Of course, just looking at that figure alone can be pretty misleading, especially if there’s a lot wealth inequality within a particular country. Remember, that GDP per capita is just an average - it’s the income of a representative individual in a given country.\u003c/p>\n\u003cp>Take the United States, for instance: GDP per capita here is one of the highest in the world. And although the overall standard of living here is pretty high compared to a lot of other countries, there are also a lot of Americans who live in poverty.\u003c/p>\n\u003cp>Check out this explanatory animation on GDP per capita (I know, I know - it's econ - but it's kind of interesting!)\u003c/p>\n\u003cp>\u003c/p>\n\u003cp>\u003c/p>\u003cp>\u003cspan class='utils-parseShortcode-shortcodes-__youtubeShortcode__embedYoutube'>\n \u003cspan class='utils-parseShortcode-shortcodes-__youtubeShortcode__embedYoutubeInside'>\n \u003ciframe\n loading='lazy'\n class='utils-parseShortcode-shortcodes-__youtubeShortcode__youtubePlayer'\n type='text/html'\n src='//www.youtube.com/embed/yUiU_xRPwMc'\n title='//www.youtube.com/embed/yUiU_xRPwMc'\n allowfullscreen='true'\n style='border:0;'>\u003c/iframe>\n \u003c/span>\n \u003c/span>\u003c/p>\u003cp>\u003c/p>\n\n\u003c/div>\u003c/p>",
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"imageSrc": "https://cdn.kqed.org/wp-content/uploads/2024/04/BBC-World-Service-Podcast-Tile-360x360-1.jpg",
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},
"link": "/radio/program/bbc-world-service",
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"rss": "https://podcasts.files.bbci.co.uk/p02nq0gn.rss"
}
},
"californiareport": {
"id": "californiareport",
"title": "The California Report",
"tagline": "California, day by day",
"info": "KQED’s statewide radio news program providing daily coverage of issues, trends and public policy decisions.",
"imageSrc": "https://cdn.kqed.org/wp-content/uploads/2024/04/The-California-Report-Podcast-Tile-703x703-1.jpg",
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"officialWebsiteLink": "/californiareport",
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"source": "kqed",
"order": 8
},
"link": "/californiareport",
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}
},
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"title": "The California Report Magazine",
"tagline": "Your state, your stories",
"info": "Every week, The California Report Magazine takes you on a road trip for the ears: to visit the places and meet the people who make California unique. The in-depth storytelling podcast from the California Report.",
"airtime": "FRI 4:30pm-5pm, 6:30pm-7pm, 11pm-11:30pm",
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"order": 10
},
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"google": "https://podcasts.google.com/feed/aHR0cHM6Ly9mZWVkcy5tZWdhcGhvbmUuZm0vS1FJTkM3NjkwNjk1OTAz",
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},
"city-arts": {
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"info": "A one-hour radio program to hear celebrated writers, artists and thinkers address contemporary ideas and values, often discussing the creative process. Please note: tapes or transcripts are not available",
"imageSrc": "https://ww2.kqed.org/radio/wp-content/uploads/sites/50/2018/05/cityartsandlecture-300x300.jpg",
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"airtime": "SUN 1pm-2pm, TUE 10pm, WED 1am",
"meta": {
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"source": "City Arts & Lectures"
},
"link": "https://www.cityarts.net",
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"rss": "https://www.cityarts.net/feed/"
}
},
"closealltabs": {
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"order": 1
},
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"title": "Code Switch / Life Kit",
"info": "\u003cem>Code Switch\u003c/em>, which listeners will hear in the first part of the hour, has fearless and much-needed conversations about race. Hosted by journalists of color, the show tackles the subject of race head-on, exploring how it impacts every part of society — from politics and pop culture to history, sports and more.\u003cbr />\u003cbr />\u003cem>Life Kit\u003c/em>, which will be in the second part of the hour, guides you through spaces and feelings no one prepares you for — from finances to mental health, from workplace microaggressions to imposter syndrome, from relationships to parenting. The show features experts with real world experience and shares their knowledge. Because everyone needs a little help being human.\u003cbr />\u003cbr />\u003ca href=\"https://www.npr.org/podcasts/510312/codeswitch\">\u003cem>Code Switch\u003c/em> offical site and podcast\u003c/a>\u003cbr />\u003ca href=\"https://www.npr.org/lifekit\">\u003cem>Life Kit\u003c/em> offical site and podcast\u003c/a>\u003cbr />",
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"meta": {
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"id": "commonwealth-club",
"title": "Commonwealth Club of California Podcast",
"info": "The Commonwealth Club of California is the nation's oldest and largest public affairs forum. As a non-partisan forum, The Club brings to the public airwaves diverse viewpoints on important topics. The Club's weekly radio broadcast - the oldest in the U.S., dating back to 1924 - is carried across the nation on public radio stations and is now podcasting. Our website archive features audio of our recent programs, as well as selected speeches from our long and distinguished history. This podcast feed is usually updated twice a week and is always un-edited.",
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"imageSrc": "https://cdn.kqed.org/wp-content/uploads/2024/04/Commonwealth-Club-Podcast-Tile-360x360-1.jpg",
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"meta": {
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"source": "Commonwealth Club of California"
},
"link": "/radio/program/commonwealth-club",
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"google": "https://podcasts.google.com/feed/aHR0cDovL3d3dy5jb21tb253ZWFsdGhjbHViLm9yZy9hdWRpby9wb2RjYXN0L3dlZWtseS54bWw",
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"id": "forum",
"title": "Forum",
"tagline": "The conversation starts here",
"info": "KQED’s live call-in program discussing local, state, national and international issues, as well as in-depth interviews.",
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"imageSrc": "https://cdn.kqed.org/wp-content/uploads/2024/04/Forum-Podcast-Tile-703x703-1.jpg",
"imageAlt": "KQED Forum with Mina Kim and Alexis Madrigal",
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"source": "kqed",
"order": 9
},
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"google": "https://podcasts.google.com/feed/aHR0cHM6Ly9mZWVkcy5tZWdhcGhvbmUuZm0vS1FJTkM5NTU3MzgxNjMz",
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"freakonomics-radio": {
"id": "freakonomics-radio",
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"imageSrc": "https://ww2.kqed.org/news/wp-content/uploads/sites/10/2018/05/freakonomicsRadio.png",
"officialWebsiteLink": "http://freakonomics.com/",
"airtime": "SUN 1am-2am, SAT 3pm-4pm",
"meta": {
"site": "radio",
"source": "WNYC"
},
"link": "/radio/program/freakonomics-radio",
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"apple": "https://itunes.apple.com/us/podcast/freakonomics-radio/id354668519",
"tuneIn": "https://tunein.com/podcasts/WNYC-Podcasts/Freakonomics-Radio-p272293/",
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},
"fresh-air": {
"id": "fresh-air",
"title": "Fresh Air",
"info": "Hosted by Terry Gross, \u003cem>Fresh Air from WHYY\u003c/em> is the Peabody Award-winning weekday magazine of contemporary arts and issues. One of public radio's most popular programs, Fresh Air features intimate conversations with today's biggest luminaries.",
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"apple": "https://itunes.apple.com/WebObjects/MZStore.woa/wa/viewPodcast?s=143441&mt=2&id=214089682&at=11l79Y&ct=nprdirectory",
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"here-and-now": {
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"info": "A live production of NPR and WBUR Boston, in collaboration with stations across the country, Here & Now reflects the fluid world of news as it's happening in the middle of the day, with timely, in-depth news, interviews and conversation. Hosted by Robin Young, Jeremy Hobson and Tonya Mosley.",
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},
"hidden-brain": {
"id": "hidden-brain",
"title": "Hidden Brain",
"info": "Shankar Vedantam uses science and storytelling to reveal the unconscious patterns that drive human behavior, shape our choices and direct our relationships.",
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"airtime": "SUN 7pm-8pm",
"meta": {
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"source": "NPR"
},
"link": "/radio/program/hidden-brain",
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},
"how-i-built-this": {
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"title": "How I Built This with Guy Raz",
"info": "Guy Raz dives into the stories behind some of the world's best known companies. How I Built This weaves a narrative journey about innovators, entrepreneurs and idealists—and the movements they built.",
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"airtime": "SUN 7:30pm-8pm",
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},
"link": "/radio/program/how-i-built-this",
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"apple": "https://itunes.apple.com/us/podcast/how-i-built-this-with-guy-raz/id1150510297?mt=2",
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},
"hyphenacion": {
"id": "hyphenacion",
"title": "Hyphenación",
"tagline": "Where conversation and cultura meet",
"info": "What kind of no sabo word is Hyphenación? For us, it’s about living within a hyphenation. Like being a third-gen Mexican-American from the Texas border now living that Bay Area Chicano life. Like Xorje! Each week we bring together a couple of hyphenated Latinos to talk all about personal life choices: family, careers, relationships, belonging … everything is on the table. ",
"imageSrc": "https://cdn.kqed.org/wp-content/uploads/2025/03/Hyphenacion_FinalAssets_PodcastTile.png",
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"order": 15
},
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},
"jerrybrown": {
"id": "jerrybrown",
"title": "The Political Mind of Jerry Brown",
"tagline": "Lessons from a lifetime in politics",
"info": "The Political Mind of Jerry Brown brings listeners the wisdom of the former Governor, Mayor, and presidential candidate. Scott Shafer interviewed Brown for more than 40 hours, covering the former governor's life and half-century in the political game – and Brown has some lessons he'd like to share. ",
"imageSrc": "https://cdn.kqed.org/wp-content/uploads/2024/04/The-Political-Mind-of-Jerry-Brown-Podcast-Tile-703x703-1.jpg",
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"officialWebsiteLink": "/podcasts/jerrybrown",
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"order": 18
},
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}
},
"latino-usa": {
"id": "latino-usa",
"title": "Latino USA",
"airtime": "MON 1am-2am, SUN 6pm-7pm",
"info": "Latino USA, the radio journal of news and culture, is the only national, English-language radio program produced from a Latino perspective.",
"imageSrc": "https://ww2.kqed.org/radio/wp-content/uploads/sites/50/2018/04/latinoUsa.jpg",
"officialWebsiteLink": "http://latinousa.org/",
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},
"link": "/radio/program/latino-usa",
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"apple": "https://itunes.apple.com/WebObjects/MZStore.woa/wa/viewPodcast?s=143441&mt=2&id=79681317&at=11l79Y&ct=nprdirectory",
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"rss": "https://feeds.npr.org/510016/podcast.xml"
}
},
"marketplace": {
"id": "marketplace",
"title": "Marketplace",
"info": "Our flagship program, helmed by Kai Ryssdal, examines what the day in money delivered, through stories, conversations, newsworthy numbers and more. Updated Monday through Friday at about 3:30 p.m. PT.",
"airtime": "MON-FRI 4pm-4:30pm, MON-WED 6:30pm-7pm",
"imageSrc": "https://cdn.kqed.org/wp-content/uploads/2024/04/Marketplace-Podcast-Tile-360x360-1.jpg",
"officialWebsiteLink": "https://www.marketplace.org/",
"meta": {
"site": "news",
"source": "American Public Media"
},
"link": "/radio/program/marketplace",
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"rss": "https://feeds.publicradio.org/public_feeds/marketplace-pm/rss/rss"
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},
"masters-of-scale": {
"id": "masters-of-scale",
"title": "Masters of Scale",
"info": "Masters of Scale is an original podcast in which LinkedIn co-founder and Greylock Partner Reid Hoffman sets out to describe and prove theories that explain how great entrepreneurs take their companies from zero to a gazillion in ingenious fashion.",
"airtime": "Every other Wednesday June 12 through October 16 at 8pm (repeats Thursdays at 2am)",
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"officialWebsiteLink": "https://mastersofscale.com/",
"meta": {
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"source": "WaitWhat"
},
"link": "/radio/program/masters-of-scale",
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"rss": "https://rss.art19.com/masters-of-scale"
}
},
"mindshift": {
"id": "mindshift",
"title": "MindShift",
"tagline": "A podcast about the future of learning and how we raise our kids",
"info": "The MindShift podcast explores the innovations in education that are shaping how kids learn. Hosts Ki Sung and Katrina Schwartz introduce listeners to educators, researchers, parents and students who are developing effective ways to improve how kids learn. We cover topics like how fed-up administrators are developing surprising tactics to deal with classroom disruptions; how listening to podcasts are helping kids develop reading skills; the consequences of overparenting; and why interdisciplinary learning can engage students on all ends of the traditional achievement spectrum. This podcast is part of the MindShift education site, a division of KQED News. KQED is an NPR/PBS member station based in San Francisco. You can also visit the MindShift website for episodes and supplemental blog posts or tweet us \u003ca href=\"https://twitter.com/MindShiftKQED\">@MindShiftKQED\u003c/a> or visit us at \u003ca href=\"/mindshift\">MindShift.KQED.org\u003c/a>",
"imageSrc": "https://cdn.kqed.org/wp-content/uploads/2024/04/Mindshift-Podcast-Tile-703x703-1.jpg",
"imageAlt": "KQED MindShift: How We Will Learn",
"officialWebsiteLink": "/mindshift/",
"meta": {
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"source": "kqed",
"order": 12
},
"link": "/podcasts/mindshift",
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"google": "https://podcasts.google.com/feed/aHR0cHM6Ly9mZWVkcy5tZWdhcGhvbmUuZm0vS1FJTkM1NzY0NjAwNDI5",
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}
},
"morning-edition": {
"id": "morning-edition",
"title": "Morning Edition",
"info": "\u003cem>Morning Edition\u003c/em> takes listeners around the country and the world with multi-faceted stories and commentaries every weekday. Hosts Steve Inskeep, David Greene and Rachel Martin bring you the latest breaking news and features to prepare you for the day.",
"airtime": "MON-FRI 3am-9am",
"imageSrc": "https://cdn.kqed.org/wp-content/uploads/2024/04/Morning-Edition-Podcast-Tile-360x360-1.jpg",
"officialWebsiteLink": "https://www.npr.org/programs/morning-edition/",
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"link": "/radio/program/morning-edition"
},
"onourwatch": {
"id": "onourwatch",
"title": "On Our Watch",
"tagline": "Deeply-reported investigative journalism",
"info": "For decades, the process for how police police themselves has been inconsistent – if not opaque. In some states, like California, these proceedings were completely hidden. After a new police transparency law unsealed scores of internal affairs files, our reporters set out to examine these cases and the shadow world of police discipline. On Our Watch brings listeners into the rooms where officers are questioned and witnesses are interrogated to find out who this system is really protecting. Is it the officers, or the public they've sworn to serve?",
"imageSrc": "https://cdn.kqed.org/wp-content/uploads/2024/04/On-Our-Watch-Podcast-Tile-703x703-1.jpg",
"imageAlt": "On Our Watch from NPR and KQED",
"officialWebsiteLink": "/podcasts/onourwatch",
"meta": {
"site": "news",
"source": "kqed",
"order": 11
},
"link": "/podcasts/onourwatch",
"subscribe": {
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"google": "https://podcasts.google.com/feed/aHR0cHM6Ly9mZWVkcy5ucHIub3JnLzUxMDM2MC9wb2RjYXN0LnhtbD9zYz1nb29nbGVwb2RjYXN0cw",
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