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January 09, 2008 Liberals and Mathematical ModelsBy Jerome J. Schmitt
I just don't understand American liberals and their attitude toward mathematical models. The left places an inordinate amount of faith in untested models predicting man-made warming of the global climate, while ignoring time-tested mathematical models in another important field important to all Americans.
Embracing Untested Models Global warmists place unquestioning faith mathematical models of anthropogenic global warming, declaring their predictions to be settled science, as if the models completely and flawlessly took account of all significant variables in one of the most complex systems ever studied, the earth's atmosphere. Yet experience teaches us that modeling atmospheric phenomena is an uncertain business, even in atmospheres much less complex than the planetary system. Far simpler artificial atmospheres or "climates" are routinely created and modeled in the semiconductor industry. Working in sealed vessels within which chemical vapor deposition (CVD) forms nanometer-scale thin solid films on silicon wafer surfaces, in order to produce integrated circuits and many other semiconductor products. Last year I wrote about the many difficulties these simple atmospheric models encounter:
Although there is no record of accurate prediction for the totally unproven and skepticism-worthy models of the warmist climatologists, liberals are convinced that there is a "scientific consensus" over an impending Anthropogenic Global Warming Crisis that requires undertaking immediate extreme measures including increased carbon taxes as well as new "private sector" solutions such as carbon-trading and selling of carbon-credits. Ignoring Time-Tested Models Actuaries are mathematical professionals who build statistical models of human populations in order to plan for life-insurance, health-insurance and pension benefits. The accuracy of their models can have far reaching consequences. Errors might cost their private sector employers' millions and even billions of dollars. Fortunately, the actuarial profession's record in accurate prediction is quite good, particularly since their relatively simple statistical models are informed with reliable data collected from census figures as well as hospital and mortuary records. While predicting one individual's healthcare needs and time-of-death is impossible, when averaged across millions of people, such statistics can be quite reliable. Today, a consensus of actuaries agrees that the Social Security system is in need of major overhaul otherwise it will experience debilitating financial shortfalls in a few decades as more and more "baby-boomers" retire with full benefits. In the face of this consensus however, liberals demur and minimize the importance of this crisis, undercutting President Bush's attempts to draw attention the problem as his prelude to proposing reforms. Unpopular measures such as cutting benefits, needs-based benefits, raising retirement ages or increasing payroll taxes are not to even discussed according to liberals. Furthermore, President Bush's proposals to increase investment returns on the Social Security trust fund are met with universal derision by liberals as unholy "privatization" unworthy of this New Deal institution, although one glance at the incredible returns being achieved with professional management of university endowments shows the enormous potential of this approach to solving the actuarial "crisis". Al Gore famously said the Social Security Trust Fund should be kept in a "lock-box", the financial equivalent of stuffing cash in a mattress for safe-keeping. Do not attempt to understand the inconsistency over when liberals will heed a professional "consensus". It will only give you a headache.
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