tag:blogger.com,1999:blog-8304928500646903522.post1023779639137283088..comments2024-03-28T18:32:05.933-04:00Comments on bensozia: Rising Tide No Longer Lifting Most BoatsJohnhttp://www.blogger.com/profile/01037215533094998996noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-8304928500646903522.post-43996493729210613262015-10-02T21:06:52.134-04:002015-10-02T21:06:52.134-04:00To continue the rising tide analogy, one must take...To continue the rising tide analogy, one must take into account that riverbeds and other bodies that retain water widen the higher up they go, requiring vastly greater inflows of water to achieve the same rates of climb.<br /><br />It can take relatively little water to flood a dry riverbed to the brim. But once the water leaps the banks, adding another equal amount of water isn't going to produce anywhere near the same rise - in fact, there's a good chance the rise would be so small a rise you wouldn't even notice it, and would have difficult measuring it.<br /><br />Diminishing returns mean that where it once took a relatively small input to get a significant gain, afterwards it will take inputs orders of magnitudes greater to achieve the same relative result. It's easy to fill a ditch, but it's very hard to fill a whole valley.G. Verlorennoreply@blogger.com