Formation of Carbon-14 (C14) in the earth’s atmosphere exceeds the known rate of decay for C 14 by a significant amount. The author of the radiocarbon method, Dr. Willard Libby, has attempted to explain this discrepancy by assuming that some of the C14 is continually and irretrievably deposited in sediments. The present paper shows that Libby’s explanation leads to preposterous conclusions and is no "explanation" at all. The discrepancy continues to exist, it is real, and it is evidence that may be used to defend the Biblical, not the geologic time scale.