Liberal Party Fails at Chart Making

So the Liberal Party put up a chart on their Facebook page today. In case you miss it (or they take it down) here it is:

liberalfail

Now look at the axes on that chart. Something strange? Well, last time I checked 371 is not 6 times more than 222. Here’s what the chart should have looked like:

Liberal Fail

Looks a lot more reasonable, doesn’t it? The Liberal Party is guilty of one of two things here. Either they are bad at mathematics and graphing, OR they are deliberately trying to deceive the public. One way or another, these are not the type of people I would want to have run the country.

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Bank deposit guarantees

I have been thinking for a long time about a very serious discussion I had with my friend Alex about bank guarantees. There was a lot of arguing going on about whether it is a good thing or a bad thing. I think that we came to the agreement that bank guarantees are good when things are bad, but extremely bad when things are a bit more bad than usual. This is an article outlining the basic concepts of what a bank deposit guarantee is, what it is good and bad for, and also talking about potential alternatives. Read More