When the US Defaulted--Bureaucrats Screwed Up

In a little-known episode, the US has actually defaulted on some Treasury Bills in 1979 due apparently to a perfect storm of events, including maneuvering over the debt ceiling plus bureaucratic problems.  Quoting from Donald Marron's quote of the original article: "on an unanticipated failure of word processing equipment used to prepare check schedules."

That phrase shows how far we've come in 32 years.  I'm curious what sort of word processing equipment they were using at that time--it seems a little late to be using IBM MT/ST's but if they were merging a file of payees with the check boilerplate they would have served.  If they were using more modern equipment, the data storage might have been a problem.  Our Lexitrons used cassettes for storage, the read/write heads would get out of alignment so a cassette recorded on one machine might not work in another.  Interesting also the operation wasn't computerized--after all punch card accounting machines were the way IBM got into computers back in the 1930's.  Maybe they tried to modernize and had some problems. 

Anyhow, bottom line is the US defaulted and a study seems to show it was expensive; the Treasury had to pay higher interest rates for a good period of time.

Less Physical Work, More Fat

Matt Yglesias makes a catch which I didn't see in the original NY Times article on how our physical work is declining at the same time our weight is climbing.  Specifically: "Running a pre-mechanization farm is hard work"

In the original article the focus is on the changes since 1960, particularly the decline of manufacturing jobs. But the same probably applies for farming.  Our tractor, a small John Deere, didn't have power steering so you definitely could use some calories just driving the darn thing.  Not that I've been on a tractor since, but John Phipps would lead me to believe that all tractors are air conditioned with power steering and a sound system. And certainly a lot of the farmers you see on TV have good sized bellies.  I remember one barrel-chested farmer from my youth, but mostly they were muscular but not fat.

At Last Confirmation That Change Is Bad

As someone who runs on autopilot through much of my life, I welcome this scholarly proof that it's the best way to be productive.

As they used to say: develop good habits.

Surprising Stat of the Day

Via Marginal Revolution, from this site:

An African-American child raised in a lower-class family is 37% less likely to become a professional basketball player than is an African-American child raised in a middle- or upper-class family, according to Joshua Kjerulf Dubrow of the Polish Academy of Sciences and jimi adams of Arizona State.

Dylan's 70

What a whippersnapper.

Car Trains?

Reihan Salan posts concerning the future of cars: possibly we'll have car trains: if  the car becomes intelligent enough to travel synchronized with another car, you can imagine trains of 100 cars motoring away at high speeds.  Here's an earlier Discovery post on the idea.  What threw me at first was the idea of how does a car leave such a train, wouldn't the cars behind follow the car leaving the train?   But I suppose you could have an algorithm or a communication method to handle that.  Still strikes me as something I'm too old to adapt to.

Republican Budget for Agriculture

Here's the summary, though to be honest I don't understand it.  Some of the yellow highlighted rows appear to be totals of the rows below, as for Conservation, but not for others, as Farm Programs.  Here's the text of the bill, which I skimmed and didn't see anything I thought noteworthy.

A Compromise on Voter ID

Seems to me there's a relatively easy compromise available for liberals and conservatives over Voter-ID, which the cons want and libs don't.  Phase in the damn thing (phasing tends to be my solution for many things).  The problem liberals have is that many people don't have photo ID's (like my mother-in-law). So update your voter registration database to show people who do have photo ID's and require them to present them when voting.  For those on the list who don't have ID's, give them one free vote, and offer photo-ID's at the voting station.  In other words, m-o-l shows up to vote, the list shows she doesn't have a photo-ID that's valid, so she can vote but she must get a photo-id before leaving (or at the DMV before the next election) to vote again.

Yes, this is a step towards identity cards for everyone, but I can live with that in exchange for the gains in effectiveness of programs.

Tracking People, Cover Stories, Registries, and Ankle Bracelets

I've noticed and sometimes blogged about a modern trend towards tracking people.  Lots of states, maybe all states, have registries for sex offenders.  There was an article the other day on a proposal to extend such registries to other types of offenders.  Facebook and other Internet sites are making it impossible to create good cover stories for our undercover agents; Valerie Plame is one of the last native-born agents we'll have, or so it seems.  Dominique Straus-Kahn was released only after posting bail and agreeing to wear an ankle bracelet. Now Conan Friedersdorf proposes that, if any convicts are released early in California as a result of the Supreme Court's decision yesterday they would have to wear an ankle bracelet that doesn't expire until the end of their original sentence.

Perhaps more benignly, in the past there's been legislation to track parents who are in arrears on child-support.  I've seen discussion on cross-state tracking of doctors and nurses whose licenses were revoked in one state. Given today's headline that contractors who received stimulus funds from the government, or from state and local governments, are in arrears on $750 million worth of taxes, I'd expect a tracking proposal to arise there. 

The list goes on and on.  As a general proposition I tend to agree with the proposals; I view transparency as good and it's certainly less onerous to wear a bracelet than to be in an overcrowded jail.  I wonder, though, where's the discussion of this and what are the limits and guidelines we should use.

French School Lunches

Andrew Gelman posts on American versus French school lunches.  Apparently in France you can't bring your lunch, but payments for the schools and the lunches come from the state and the mayor respectively, putting the mayor on the spot if the lunches aren't good.