links: supercommittee, budgets, webOS, Fox News
Mood: cheerful
Posted on 2011-11-22 10:49:00
Tags: politics links
Words: 186

The supercommittee failed to reach a deal on reducing the deficit. Reports are that the Democrats on the committee offered the Republicans a "fair deal" roughly in line with the Bowles-Simpson bipartisan deficit reduction plan. They agreed to cut entitlements, but the Republicans refused to raise taxes. Remember this the next time you hear about "fiscal responsibility" and such.

The latest xkcd is a cool graph of money. I wish I had a wall at work to put a poster of that or Death and Taxes on. Budgets are fun!

HP had their conference call and remarked that they've lost $3.3 billion on webOS this year...considering they also paid $1.2 billion to buy it in the first place, that starts to add up. I can understand why they might be hesitant to continue with it. It sounds like they're planning to make a decision in December, and one sticking point may be getting to license webOS for printers. Sigh.

I've seen studies saying that Fox News viewers are less informed, but here's one showing they're less informed than people than people who consume no news!


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