Where is the US economy headed?

@spendius,

Asthma in kids is up significantly in all areas of all industrialized countries, your point is speculative or "cherry picked" to further support a certain conspiracy theory.

2 Replies

@RushPoint,

Look what the children in Beijing are paying for their economic "success."
http://link.springer.com/article/10.1007%2Fs11434-013-5790-6#page-1

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@RushPoint,

Quote:

Asthma in kids is up significantly in all areas of all industrialized countries, your point is speculative or "cherry picked" to further support a certain conspiracy theory.

That it is up does not mean it is not up more where flight paths are foisted on people. One doesn't need much intelligence to see that.

All the protesters about additional runways are cherry picking as well.

Runways are wonderful things. Then enable the better off to pour out their noise and chemical pollution, and it is pollution, over the heads of the worst off.

1 Reply

@spendius,

spendi, Do you know anything about supply and demand? How about economics?

In essence, you can blame the millions of people who ride the sky-ways every day for the pollution of our air. Good luck.

So, who are you going to start with? John Doe?

Here's a picture of how many planes are flying at any one time.
http://www.youtube.com/watch?v=z1US_4uf4YE

1 Reply

@cicerone imposter,

cicerone imposter wrote:

spendi, Do you know anything about supply and demand? How about economics?

In essence, you can blame the millions of people who ride the sky-ways every day for the pollution of our air. Good luck.

So, who are you going to start with? John Doe?

Here's a picture of how many planes are flying at any one time.
http://www.youtube.com/watch?v=z1US_4uf4YE

You can't expect ordinary people to make martyrs of themselves and, say, stop flying. Thus, it is up to the federal government, especially congress and the president, to make people take their foul tasting medicine. Of course, it is rare that those in the government have the guts to do this. After all, this will not get them, say, reelected.

I haven't researched this, but I wager that our big rocket launches to space create enormous polution. This should be studied for possible remedial action.

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@Advocate,

The governments - all around the world - are aware of the pollution problems from vehicles and airplanes, but it's a matter of challenging auto and airplane makers from producing products that produces less pollution.

The momentum of vehicle and air travel isn't going to be stopped; it can only be modified to produce less pollutants. In addition to electric cars, airplanes are flying with more efficiencies.

Any attempt to stop space vehicles will not be successful. Man's hunger for knowledge and research is fundamental to our species.

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@cicerone imposter,

Here's a recent economic report on our area. It has influenced my thinking about the economy in many ways including what I've seen in the leisure industry - fully booked tours at not-so-cheap prices.

Quote:

Big Money, Big Gains

Yet even among the largest metropolitan areas, shifts in the economy can have a dramatic impact. This is clearly the case with the two metro areas that top our list this year, first-place San Jose-Sunnyvale-Santa Clara, Calif. (aka Silicon Valley), where the number of jobs surged 4.3% last year, and San Francisco-San Mateo-Redwood City, where employment expanded 3.6%. Before the current tech boom, largely centered on social media companies, these metro areas were lagging badly. In 2010, San Jose ranked 47th on this list out of the 66 metro areas with more than 450,000 nonfarm jobs and San Francisco was 42nd.

Note: Sunnyvale is my home town, and our home prices are increasing at amazing rates - especially in our ZIP code.

The financial pundits are saying our economy grew by 1%+ in the first quarter, and they see it growing at 3% in the second quarter. They also believe our economy will grow at 4% for the remainder of 2014.

Any comments about your observations?

1 Reply

@cicerone imposter,

Here's the result of our investments at the close on May 2:

Quote:

....................1 wk............1 yr.............YTD
us................1.6%............12.7%.........2.8%
DJIA........... .9%............10.3%........- .4%
S&P 500..... 1%..............16.5%........ 1.8%

I think we're holding our own against the averages.
How is your investments performing?
What is your ratio between equities and bonds?

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So the former CEO of Sears says publicly that SEARS/KMART is not salvageable and should be liquidated now

http://www.cnbc.com/id/101660098

JCPENNY is also circling the toilet bowl , malls are already in deep trouble and over half are anchored by JCP and/or Sears
http://online.wsj.com/articles/struggling-malls-suffer-when-sears-j-c-penney-leave-1399675197

Get ready to see a lot of high profile dead malls coming soon, to everywhere.

This is going to be demoralizing, and already the majority does not believe in the US economy. At this point it would be nice to hear any argument that we can avoid a depression.

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@hawkeye10,

It's easy in any economy to find poor performing retail companies. What one needs to look at is the macro economics of retail in total since our economy is based on consumer spending - most say it represents 70%.

That's what counts; not your micro economic mindset.

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@hawkeye10,

Walmart Is Falling Apart Before Our Eyes

http://www.fool.com/investing/general/2014/05/17/walmart-is-falling-apart-before-our-eyes.aspx

1 Reply

@Pamela Rosa,

Pamela Rosa wrote:

Walmart Is Falling Apart Before Our Eyes

http://www.fool.com/investing/general/2014/05/17/walmart-is-falling-apart-before-our-eyes.aspx

Walmart keeps blaming "the economy" , but their problem is that they have been doing a poor job of managing their stores. They refuse to hire enough employees to provide a good customer experience.

1 Reply

@hawkeye10,

FYI, according to CBO, retail sales is up 2.95% for the first four months vs last year. And don't forget that January-February was a 'bad' consumer spending month because of all the storms in the north-east.

1 Reply

@cicerone imposter,

cicerone imposter wrote:

FYI, according to CBO, retail sales is up 2.95% for the first four months vs last year. And don't forget that January-February was a 'bad' consumer spending month because of all the storms in the north-east.

The retail footprint in terms of sq footage and jobs has been shrinking for years, and is now entering free fall. You are a smart enough fellow to figure out the ramifications.

1 Reply

@hawkeye10,

That's because you suffer from myopia. Business is good; showing 2,95% increase against last year is the sign that our economy is holding its own; not the square footage; it's about total $$$$ sales. More people are buying through the internet.

From mashable.com.

Quote:

By Melissa Goldin/May 07, 2014

Amazon's 2013 e-commerce sales totaled more than those of the nine other largest U.S. merchants, combined, according to data from Internet Retailer, an e-commerce research firm.
quote]

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@cicerone imposter,

The fed is still pumping 85 billion a month into Wall street to artificially prop the market.

Why do you think China stopped buying US Treasury bonds? It's all smoke and mirrors, and the rest of the world is watching with interest.

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@Builder,

No, they're not! Please keep up to date.

Quote:

Fed Makes Further Trims as Economy Improves
April 30, 2014

The U.S. central bank decided Wednesday to keep scaling back its stimulus to almost a half of the original size of $85 billion citing a steady economic recovery.

The Federal Reserve said it will cut the asset-buying program by $10 billion to $45 billion each month from May and raised the economic outlook, according to a statement released after the policy-setting Federal Open Market Committee.

The Fed said it will keep short-term interest rate near zero "for a considerable time after the asset purchase program ends," maintaining the phrase in the previous statement in March.

Fed chairwoman Janet Yellen has indicated it could end the asset purchases aimed at proving more money for the economy this fall.

1 Reply

@Builder,

BTW, China has their own asset/cash/bank problems.

From the WSJ.

Quote:

[/

China Cash Crunch Shows Central Bank's Difficulties

Short-Term Interest Rates Jump Again
Updated Dec. 23, 2013 10:14 p.m. ET[/quote]

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@cicerone imposter,

Quote:

The U.S. central bank decided Wednesday to keep scaling back its stimulus to almost a half of the original size of $85 billion citing a steady economic recovery.

Yes, starting from now. Scaling back ten billion a month, TO, 45 billion. The QE that doesn't stop. Wall street are already saying it's dumb, but that mob of savages that lives on lies, cocaine and hookers will say anything to prop up their comfy life of crime.

You're all being had. The issue is, cognitive dissonance. Good luck with that.

2 Replies

@Builder,

Lets see if we can stretch " emergency measures" out to a full decade. This government is allergic to honesty.

1 Reply

Where is the US economy headed?

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