GMAT Stats

I'm studying for the GMAT right now and I came across this graphic from Kaplan. Pretty interesting...according to the practice test I just took (the first I've taken), I'd be at a starting post-MBA salary of about $87k. My goal is to be in the $115k+ range!

Not Willing to Put Their Money Where Their Mouth Is

Paul Krugman, the Nobel winning ninny at the New York Times, is so hallow in his grand and glorious predictions of GDP growth this year, that he will not accept Greg Mankiw's (a conservative economist at Harvard) wager.

Well, well, well, turns out old Paul really does know what everyone else knows - Obama's predictions about GDP growth are garbage. He just won't admit it.

What a ninny.

Read Greg Mankiw's post here, and read the story about Krugman's response, or lack thereof, here.

Too Much Excess

This chart pretty much adds another bit of insight to our current economic collapse. The good news is that consumers are getting the message and starting to save more, the government on the other hand...

You can't spend your way out of a financial crisis. At some point, you've got to cut back. I just wish the collective wisdom of Washington was half as wise as the collective wisdom of the nation.