Housing Bubble, credit bubble, public planning, land use, zoning and transportation in the exurban environment. Specific criticism of smart growth, neotradtional, forms based, new urbanism and other top down planner schemes to increase urban extent and density. Ventura County, California specific examples.
Thursday, November 27, 2014
Wordspeak of the Year
Over at CR Bill has nominated "employment" as his word of the year. His claim is:
He's definitely the optimist. He wears the "not on recession watch" quote like a badge of honor. I can't see how someone that smart can't at least be looking for cracks in the dam.
I don't think he sees any structural problems at all, much like everyone else who is convinced that we can simply extrapolate 200 years of historical prosperity well into the distant future.
P.S. Many with college degrees are now fighting for jobs that do not require a college degree. That's what I see when I look at the data up close and personal (nail salon jobs, pet care jobs, restaurant jobs, ...). There isn't going to be a long lasting recovery. It's just one big cluster@#$%. I sure hope I am wrong to think this way. Maybe I'm just not that much of an optimist. Sigh.
The problem as I see it is the massive disinvestment in people. Wasting math grads as varristas means their contributions that take ten even thirty years are not going to appear. That was the drive for two centuries.
Bowling with an 80 year old guy the other day and mentioned I wonder how many people here think the unemployment number means everyone else is working. He answered "Disgusting, that is what most think."
My daughter just told me of a free sample of Hersey kisses at Sam's club from a machine by scanning her club card. One more job gone.
5 comments:
I would have thought "ZIRP" might have made his word of the year list, but perhaps it would be more appropriate as word of the decade, lol. Sigh.
-WHICH- Decade? ;)
I just find it disingenuous for someone that smart to think his perspective on jobs growth is reasonable.
Rob Dawg,
He's definitely the optimist. He wears the "not on recession watch" quote like a badge of honor. I can't see how someone that smart can't at least be looking for cracks in the dam.
I don't think he sees any structural problems at all, much like everyone else who is convinced that we can simply extrapolate 200 years of historical prosperity well into the distant future.
P.S. Many with college degrees are now fighting for jobs that do not require a college degree. That's what I see when I look at the data up close and personal (nail salon jobs, pet care jobs, restaurant jobs, ...). There isn't going to be a long lasting recovery. It's just one big cluster@#$%. I sure hope I am wrong to think this way. Maybe I'm just not that much of an optimist. Sigh.
The problem as I see it is the massive disinvestment in people. Wasting math grads as varristas means their contributions that take ten even thirty years are not going to appear. That was the drive for two centuries.
Bowling with an 80 year old guy the other day and mentioned I wonder how many people here think the unemployment number means everyone else is working. He answered "Disgusting, that is what most think."
My daughter just told me of a free sample of Hersey kisses at Sam's club from a machine by scanning her club card. One more job gone.
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