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We Need A Moore's Law For Government
Investor's Business Daily ^ | 3/8/2017 | Staff

Posted on 03/09/2017 4:27:42 AM PST by IBD editorial writer

Big Government: This week, IBM showed that it could cram data into a single atom, part of the private sector's never-ending quest to make things smaller and more efficient. If only government would follow this model.

IBM Research announced on Wednesday that it was able to put a holmium atom — a rare earth element — on top of a magnesium oxide surface, and with "a pulse of electric current from the magnetized tip of scanning tunneling microscope ... flip the orientation of the atom's field between a 0 or 1," according to the journal Nature, which published the findings.

Right now, the device can store just two bits of data, and it has to be kept at a temperature close to absolute zero. But when this technology is inevitably scaled up and made commercially viable, it will drastically shrink storage sizes, since today it takes 100,000 atoms to store a single bit of data on a hard drive.

IBM figures that with this technology, a device the size of a credit card could hold all 32 million songs contained in the iTunes library.

(Excerpt) Read more at investors.com ...


TOPICS: Business/Economy; Editorial; Government; News/Current Events
KEYWORDS: biggovernment

1 posted on 03/09/2017 4:27:42 AM PST by IBD editorial writer
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To: IBD editorial writer
From the link;

"Moore's Law," named after Gordon Moore, who in 1965 noticed that the number of circuits that could be crammed onto an integrated circuit had been doubling every two years.

2 posted on 03/09/2017 4:57:10 AM PST by WhoisAlanGreenspan? (Fight elitist journalists; Stop paying them by using their names.)
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To: IBD editorial writer

Here’s my Moore’s Law of Government:

U = .5 G

Where:
G is the percentage of workforce employed in government; and
U is the unemployment rate.

Increases in the size of government have an outsized detrimental impact on the economy causing a net loss of jobs.

When govt employment is 10% the unemployment rate will be 5%; when government employment grows to 20% the unemployment rate grows to 10%. More jobs are lost in the private sector than are gained in the public sector resulting in net job loss in the economy.

The corollary is also true - as you fire government workers the unemployment rate goes DOWN!

Drain the swamp, baby!!!!


3 posted on 03/09/2017 5:05:50 AM PST by lowtaxsmallgov (This Administration has absolutely no idea how to grow an economy)
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To: IBD editorial writer

I Second this!


4 posted on 03/09/2017 5:07:32 AM PST by johnthebaptistmoore (The world continues to be stuck in a "all leftist, all of the time" funk. BUNK THE FUNK!)
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To: IBD editorial writer

Does this mean that someday I will be able to fit more girly-items in my closet?

;-D


5 posted on 03/09/2017 5:10:26 AM PST by homegroan (New to the Beltway: The TrumpTrap - guaranteed to TRAP Fake News -AND proudly Made in the USA!)
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To: lowtaxsmallgov

That concept has great promise - you should refine it and extend it to tax rates and debt levels. You may have found the basic empirical way to blow up big government.


6 posted on 03/09/2017 5:26:15 AM PST by major-pelham
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To: IBD editorial writer
all 32 million songs contained in the iTunes library

31,950,000 of which are crap.

7 posted on 03/09/2017 5:50:02 AM PST by Hardastarboard (Freedom Trumps Fascism)
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To: IBD editorial writer

Moore’s Law for government is very simple: “More”. More Money = More People = More Government = More Taxes (and repeat)


8 posted on 03/09/2017 5:55:41 AM PST by captain_dave
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To: lowtaxsmallgov
"U = .5 G"

I think you may be onto something, but I think the reason why government grows constantly is that Article I, Section I of the Constitution is not enforced- with the permission of the Supreme Court.

9 posted on 03/09/2017 6:00:29 AM PST by Da Bilge Troll (Defeatism is not a winning strategy!)
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