Sunday, November 20, 2011
Saving Some Technology for later.
Here's the link to the article. http://www.nytimes.com/2011/11/21/business/for-their-children-many-e-book-readers-insist-on-paper.html?_r=1&ref=business
Confronting China
the governments economic plans
"1. immediate action to create good jobs in america
2. immediate relief for struggling families
3. direct, immediate assistance for homeowners, not a bailout for irresponsible lenders
4. a rapid, aggressive Response to our financial crisis, using all the tool we have"
read more about the specifics at: http://change.gov/agenda/economy_agenda/
lets cross our fingers and hope that these and new approaches will have an impact...
Saturday, November 19, 2011
Work with Machines not Against them.
http://www.nytimes.com/2011/10/24/technology/economists-see-more-jobs-for-machines-not-people.html
Paradigm Shift
Friday, November 18, 2011
Another reason not to move back in with Mom and Dad
Article from 2010, but
http://www.governing.com/blogs/bfc/turning-around-challenged-cities.html
"In addition to an injection of funds, the Integration Initiative brings with it a philosophy that says the "siloed" approach to service delivery isn't enough. Instead, it embraces an approach that integrates regional factors, such as transportation, housing and economic development as the best way for distressed neighborhoods to build the capacity for self healing."
It's satisfactory to be able to agree to these articles because we've learned about it in class.
One more thing, I've always wondered what could be accomplished if the different level of governments came together to deal with the same issue.
Detroit to Cut 1,000 Jobs Amid Budget Crisis
Generation Jobless
Global pessimism effects us all
The commodities market and the technology market were the ones effected most. I hope that at some point people become as confident as they were a few years ago in order to get Michigan and the rest of the struggling states out of this nearly 10-year rut.
Thursday, November 17, 2011
Technological Renovation
whats next?
but i do believe there is hope, like Paul Romer said "a crisis is a terrible thing to waste”. hopefully we can learn from the past and use this crisis to rebuild a better America.
Sim City
Did you know?
Viewer Discretion is Advised
http://youtu.be/Mmz5qYbKsvM
job displacement
Fracking in Michigan
MERS in Michigan
Detroit Population Decline
This article from USA Today describes the population trends in the "Motor City". The trends begins when Henry Ford offered a minimal wage of $5. The population currently is less then it was before the booming growth that started in 1910.
Motor City
Wednesday, November 16, 2011
Going Green in AZ
Great lakes....To Save!
When expansion occurs especially considering the housing bubble it increases the impact of pollution onto our Great lakes. As bigger homes continue to house less people and expansion of the mcmansions continues we will have a major issue. We can't afford to lose that much of a fresh water supply and therefore something drastic may need to change.
Michigan Making Progress?
Snyder Points To High Grades
Michigan Gov. Rick Snyder sent a message yesterday with some encouraging news: Michigan ranks second in the Bloomberg Economic Evaluation of the States, a rating that indicates the state is recovering more quickly than other states. He also pointed out that Michigan’s unemployment rate is dropping faster than the national average; Michigan is now the top state for new technology jobs; Newsweek predicts Michigan will be #1 for new job growth in 2012; and Fitch Ratings upgraded the state's bond rating to "positive" based on “prudent budgeting."
These are certainly encouraging signs for our state and a lot of the progress being made is in sectors that we have discussed in class (i.e. new technology jobs). We can thank our abundance of natural resources and state-wide environmentally-focused mindset for this growth. Our nation's future is going to depend on the creation of a new economy through the implementation of new technologies that satisfy our growing demand for environmental quality. Obviously Michigan is doing a good job of this.
To Increase Jobs, Increase Economic Freedom
For further reading on Mackey's suggested reforms here is the link: http://online.wsj.com/article/SB10001424052970204358004577032442153911170.html?mod=WSJ_hp_mostpop_read
Kalamazoo is 5th Cheapest College Town in Country
http://www.mlive.com/news/kalamazoo/index.ssf/2011/11/western_michigan_university_ma_16.html
Taming Shanghai's Sprawl
Wealthy more pessimistic about economy
Closing Underachieving Schools
Tuesday, November 15, 2011
Detroit will run out of money in April
Pushing America Back to the Farm
Roads
worldwide problems
FHA struggles
Requiem for Detroit
The Young and Restless
http://www.linkedin.com/news?actionBar=&articleID=908689286&ids=0Se38Ve3oUc3AIc30Qe38Pdj0Vb30OdjcQd3cMeiMUc3gVd3wSc3AIcjcVcPAVd3AU&aag=true&freq=weekly&trk=eml-tod-b-ttle-68&ut=10jUE10KPk1R01
This article talks about how our generation of young people from about age 16-34 are affected by the occupy Wall Street situation resulting from our economic crisis. "Today, only 55 percent of people ages 16 to 29 have a job — the lowest percentage since World War II. A quarter of people between ages 25 and 34 are living with their parents, and new numbers out this week say people under 35 are worth 68 percent less than they were 25 years ago." What does this mean for our generation? This means that getting a job straight out of college will be more difficult. So where do we go from here? Our nation's young people need to realize that times are changing and the idea of getting rich quick and being educated in order to purchase luxuries life can order, needs to be thrown out the window. We need to go back to our grandparents era and follow their idea of hard-work and dedication in order to achieve success (the American dream).
Michigan's Other Black Friday
Snyder's Budget II
Pennsylvania Abandoned Properties Solution Plan
Monday, November 14, 2011
A State-by-State Look at Long Road to Jobs Recovery
Kuznet's Curve
Kuznet's curve was mentioned in my prosperity 2050 article. I thought it was quite interesting.
This study, that received a noble prize, states that economic inequality would lead to the prosperity of the country. When a country has not fully matured, it usually focuses on physical capital, buildings, for urbanization. This process favors people who already have money, so these people would be able to invest and reap the benefits. At the same time, these changes would increase the country's GDP, therefore, it would eventually lead to an overall increase in wealth for all citizens.
This model is for country that had not been industrialized, and it seems logical. Yet this noble prize winning equation did not hold true in the US. There are too many other factors that comes into play. Prosperity 2050 said athe country would be able to perform better if it takes advantage of all human capital. Yeah, this makes more sense.
Fed’s Fisher Sees U.S. Poised for Growth
The Hard Truth About Going 'Soft"
Jefferson County, Alabama
http://www.bloomberg.com/news/2011-11-10/alabama-s-jefferson-county-declares-biggest-municipal-bankruptcy.html
U.S. Farmers Reclaim Land From Developers
Business Tax and Creating Jobs
re: dying cities
The residents of Grand Rapids were also surprised to read this. In response to this news the city came together and made a video. The link is posted below. This is a creative project that I believe represents all the life that Grand Rapids has. Definitely watch this!
http://www.youtube.com/watch?v=ZPjjZCO67WI
Requiem for Detroit
http://documentaryheaven.com/requiem-for-detroit/
Sunday, November 13, 2011
It's time for a Change
Skinny Houses for Fat Wallets
Skinny Houses
Future Jobs
http://money.usnews.com/money/business-economy/articles/2010/02/02/the-future-of-the-us-economy-2050
Staying Hopefull for the Future
optimism is a must
http://www.economist.com/node/17732859
Saturday, November 12, 2011
Even the pros lose....
Jobless Claims decrease
Is the economy picking up? Lets keep our fingers crossed that the labor market will keep improving!!!
Friday, November 11, 2011
Is Confidence Increasing?
Thursday, November 10, 2011
Rebuilding The American Dream
Real Estate Choices
Gov. Snyder
Live Midtown
Alabama's Jefferson county files bankruptcy
Flint City Take Over
Why Don't People Vote?
http://www.lib.niu.edu/1976/ii761125.html
RealtyTrac Foreclosure Data
Wednesday, November 9, 2011
Community Gentrification
For more Echo Park housing information: http://www.theeastsiderla.com/2011/10/eastside-property-echo-park-silver-lake-home-prices-leap-ahead-in-september/
Ohio Voters Reject Public-Union Limits
Snyder addresses Michigan Rail Summit
Industry Scale Cont.
WalMart our #1 corporation in the universe. Cheap labor, import, cheap labor, import. And the smart technology to maximize efficiency in the distribution sites. $221 Billion
Exxon #2 profitable company in the US. Raising that gas price like the negative population growth in MI. They know that America is a culture heavily depends on automobile transportation. so why not raise it some more? $354Billion
Fannie Mae. #5. Our favorite company of fraud is enjoying its fifth position of the most prosperous corporations in the US. They should get shut down and give away their money to cities that got affected by the housing crisis (for our sweet home, America's sake) $153 Billion
General Motors. Hanging in there. #8. 135 Billion. Nice ranking, but the decrease in the revenue = decrease of employees. whoops
BoA. My bank that I'll probably switch by the end of the year got #9. $134 Billion
AT&T #12. known for sending the fees late to charge for late fees. They get sued quite often. (that;s why I switched) $124 Billion
Fredie Mac #20. big difference from Fannie Mae. $98Billion
CVS. #21 taking over US with its infinite stores $94
Protector & Gamble. The company for Tide. #26. $79 Billioin.
COSTCO #28. I see these in Japan too. $77Billion
Pfizer. #31. our proud company. $67 Billion
Apple #35. the geniuses. $65 Billion
PepsiCo. Lays chips, pepsi, etc. they're making more money than Coke?? wow. #43 $57 Billion
BestBuy #47 I need to go there to fix my computer. They put so many minor electrical stores in the shade. $49 Billion
Walt Disney #65 They could make more money if they wanted to... so global. maybe their goal really is to bring dreams. $38 Billion
Coca-Cola #70 $35 Billion
Amazon.com. a safe option to acquire class materials. #78 $34
Google #92. I didn't know they make that much. haha. $29 Billion
McDonald's #111 Even though it took over the world, nowhere near the Oil industry, banks, or creditors. the food industry is rough. Long live MickyD's. $24 Billion
Nike. coolest apparels. They have SALES unlike Addidas. #135. $19 Billion
Starbucks. finally found you on the list. where's my carmel frappeccino? yes, grande please. #220. $10 Billion.
It's amazing how much an idea could take a company. In short, I agree with the readings from this week; in other words, innovation is needed in this economy.
Tuesday, November 8, 2011
In other news!
The sliver lining we talked about some time back seems to be getting bigger. More jobs being created by big companies. Now we need to slow down on the layoffs. But it seems we are on the right direction.
dying cities
cities: http://www.thedailybeast.com/newsweek/2011/01/21/america-s-dying-cities.item-1.html
towns: http://www.forbes.com/2008/12/08/towns-ten-economy-forbeslife-cx_mw_1209dying.html
Rick Schneider
Monday, November 7, 2011
Governor Rick Snyder's plans for Michigan Roads and Bridges
Sunday, November 6, 2011
Holiday Sales
With the holiday season coming; Thanksgiving, and Christmas, represent the times of increasing sales. This article talks about how unfortunately with the poor state of the economy online shopping sales is increasing at an unusually slower rate than previous years. This economy is in trouble, and now with the holiday season approaching hopefully people are smart about their spending and not spending money they do not have.
HOME Fraud and Waste Prevention
Smaller is more beautiful, and cheaper
Housing Crisis Explained
http://www.armingyourfarming.com/articles/article29.php
Artists Reinventing Detroit
Tiny Houses, Tiny Prices, Big Ideas
Check them out
Saturday, November 5, 2011
Rambling about MI
This is from last week's article about turning MI around.
“+ $21,643 annual income/ +824,000 jobs” seems almost unreal considering the current economical state, but this is the consequence of reaching for such a goal. Not to say that it is not possible, but their needs to be a strong sense of mental unity, in terms of futuristic goals, in order to realize such a plan. If not, it would be logical for people to move to Cleveland. This reminds me of Japan after the WWII. One of the core factors that played the dramatic turnaround in the Japanese economy was that the Japanese were all determined to completely alter the existing economic disaster. So the human capital increased its value through further education and further enthusiasm. They were not working for themselves but for the country. Japan just focused on enlarging the PPF of the country. If MI is attempting to take a stand, there needs to be a sense that is the home for all of its residents so people would focus on their state before their personal gain.
My point is that there is an urgent need of realization that MI is the "home" for people. Thus they should not run away and actually take care of their asset.
Small Town Housing Policies
http://www.extension.umn.edu/distribution/familydevelopment/components/7565_10.html
Megacities - FT.com
People move to urban areas for all sorts of reasons. I liked the comment in this article about the size of a city being determined by the scale of infrastructure. Literally economics of scale at work. I wonder what the quality of life is in some of the newer cities. I also wonder how Tokyo manages to have a good quality of life. I think it does. I've only been in Toyko briefly so I know little about it. Does anyone have impressions built from experiencing these megacities?
Friday, November 4, 2011
How Appraisals Are Derailing Home Sales
Occupy... the time you could be working
I have been attempting to see what will cause this to end, and who will come out successful but there is no goal, no ultimatum, no nothing that will create a victory or a loss on either side. The only thing lost is the time with which these complainers could be trying to find a job in order to support their families.
Thursday, November 3, 2011
Freddie Mac Loss Widens
Midwest Poverty
Wednesday, November 2, 2011
Fixing Housing Crisis can Create Jobs
Van Jones
Utopian City?
Homophobia in Suburbia
Accommodating Automobiles
Tuesday, November 1, 2011
the story of old pasadena
http://www.oldpasadena.org/history1990s.asp
Futuristic cities?
Downtown Kalamazoo, student friendly?
Imaginary Cities
If Portland turned itself to a convivial city.
Could you imagine Kalamazoo or Detroit looking like this?