American Elephants


This Little 6″ High Figure Is a 3-D Printed Portrait! by The Elephant's Child

TWINKIND11

If you happen to be in Germany this summer, in Hamburg, you can stop by a new company called Twinkind, and for just $300 get a stunning 6″ high 3-D printed version of yourself. The final figurines range in size from roughly 6″ to 13″, around $1,700. The final figurines are strikingly realistic, capturing everything from poses and facial expressions down to hair styles and the folds in clothes— all in full, faithful color.  Pretty cool!

The picture comes from an article in Wired which has a slide show to show some of the figures they have done. They have perfected a system that could photograph subjects in the round in a split second. The products are small but the technologies and workflows are pretty complex.

I don’t understand 3-D printing at all, but these results are truly spectacular.

 



Jobs for the Middle Class, Revisited Again, and Again. by The Elephant's Child

President Obama went to Chattanooga, Tennessee last Wednesday for a big speech on jobs at the Amazon fulfillment center.  Let’s just say it was not one of Mr. Obama’s better efforts. He wants a “better bargain” for the middle class. He has this weird idea that the economy grows “from the middle out,” which nobody understands, but he’s trying to make the middle class feel important.

He said that “over the past four and a half years, we’ve been fighting our way back from the worst recession since the Great Depression.” He’s used this line over and over, but that does not make it true. It was a sharp recession, others have been worse, but we usually recover more quickly from a sharp recession. The recession ended in June 2009. It is the recovery that has been the problem.

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From Zero Hedge: “Of 953,000 jobs created in 2013, 77 percent or 731,000 are part time. The U.S. is slowly being converted to a part-time economy.” According to Obama, it is because of the “long-term erosion” that it’s so hard to get the economy growing again. (Not His fault). “Together we’ve righted the ship. We took on a broken health care system.” The health care system was not broken, but the best in the world. There were something like 35 percent who had no health insurance. And we have learned that when Obama Care fully takes effect, there will still be about the same number who have no health insurance.

As Thomas Sowell said “It is amazing that people who think we cannot afford to pay for doctors, hospitals, and medication somehow think that we can afford to pay for doctors, hospitals, medication and a government bureaucracy to administer it.”That’s what  they did not understand. And what has happened is that businesses who have large numbers of low wage people cannot afford what ObamaCare demands that they pay, so they are switching to part time employees, and they will have to hire twice as many part-time workers. There are always consequences.

Obama is going to fix the middle class with lots of construction jobs. You probably remember that he said that “those shovel-ready jobs really weren’t shovel-ready.” Construction jobs are complicated. First you have to get the agreement of the concerned governmental unit. Plans must be drawn up. Long approval process. Environmental impact statement. Long approval process. Legal battles with those who don’t like the project, and there are always those who don’t like the project. Repeat approval process. Construction jobs are not permanent jobs. They attach to a project.

The president added that “we invested in new American technologies to reverse our addiction to foreign oil.”Sigh. We were never “addicted” to foreign oil. We had a government that wanted to buy foreign oil instead of allowing drilling for our own resources, and a government that extended the ban on offshore drilling in the case of Deepwater-Horizon to an absurd extent that sent ten big rigs off to other countries that were more cooperative, with their crews, and shut down the economy in the Gulf for months for no particular reason except that the President was ideologically opposed to fossil fuels, and subsequently forbade any drilling anywhere else, like offshore Alaska, onshore Alaska, West Coast, East Coast, Florida coast.

You don’t make the economy grow from the middle class out. A reviving economy will provide opportunity for all. ObamaCare is the biggest drag on the economy, but the”green jobs” in new 21st Century technology are nonsense. Spain and Portugal are dying from excessive investment in green technology. In Germany, Siemens burned through 21 Billion Euros and is out of the solar business. Wind and Solar are old, old technologies, and sexy new turbines or solar shingles seem like wonderful new technology, but the inherent problems of wind and solar remain the same. Wind is too intermittent, Solar is too diffuse.

How about doing some of the things that actually help businesses to create jobs? Obama has in mind a new “Grand Bargain.” He will reform the corporate tax code. His willingness to cut back the U.S. corporate tax, which is the highest in the developed world which taxes businesses on the income they earn in other countries. It destroys jobs and lowers wages for American workers and is way overdue for reform.

The central purpose of tax reform is to invigorate economic growth. Broadening the tax base (closing loopholes) and subsequently lowering tax rates is a good thing. But Mr. Obama wants to use some of that revenue to increase spending, which turns the whole thing into just another tax hike. He can’t give up the spending, and he needs more revenue to do it.




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