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kamagmar

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Just to be clear: what they've ruled out is the Standard Model version of the Higgs boson. There are actually many possible kinds of Higgs bosons, the SM version being the simplest.

Greece defaults 15 years ago

> FYI there is no such thing as a "kind of" or "selective" default.

Yes there is. If this plan goes through, S&P will downgrade Greece's credit rating from CCC to SD ("selective default").

> Business owners who take a loss are defined by the government as living in poverty.

The poverty line sets a minimum level of consumption. These people are consuming above that threshold, so i don't think the government counts them as poor.

> If it weren't, consumption would be equal to income + change in net worth.

You're forgetting change in asset prices. If i own a house, and consume all my income, my net worth can still change if the price of the house changes.

I took a look at the data you cite in your blog post. You seem to imply people earning < $5k/yr receive on average ~$20k in welfare. However, in the BLS Expenditure Survey you used to create the figure, under the section marked "Sources of income and personal taxes", the real number is only $467.[0]

This cohort doesn't appear to be very poor at all, in fact -- they report negative self-employment income. I wonder if you've confused low income with poverty. Or perhaps i'm confused, and haven't grasped your argument.

[0] I'm taking welfare to be the sum of "Unemployment and workers' compensation, veterans' benefits" and "Public assistance, supplemental security income, food stamps".

> UTC (which is an arbitrary human invention)

Hmm, i wouldn't call it totally arbitrary. UTC = TAI + LS, such that |UTC - UT1| < 1 second, where:

* LS are leap seconds,

* TAI is "physicist" time, based on the ticking of atomic clocks at mean sea level. The length of a second is constant.

* UT1 is "astronomer" time, the rotation angle of the Earth with respect to the quasar reference frame. The length of a second is not constant.

The Earth's rotation is slowing down, so UT1 is gradually drifting away from TAI. UTC is a pretty natural scheme to reconcile these two systems.