Each generation has been affected differently by the deepening global recession. Baby boomers have witnessed their retirement savings evaporate into oblivion. Generation X families who finally saved enough for a down payment on their first house find themselves deep underwater without SCUBA gear. And earnest Millennials fresh out of college are wondering where all those high-paying jobs promised by duplicitous corporate recruiters went. read more »
The 2010 Census makes a convenient political target since its findings define so much of where federal aid – now the country’s one true growth industry – is apportioned as well as legislative seats in states and nationally. Yet after an abortive attempt to hijack the Census by narrowly focused Democratic groups, cooler heads have now prevailed in the White House. read more »
My wife and I attended a wedding on a recent past weekend. It was a beautiful event in a beautiful setting: city of Atascadero, county of San Luis Obispo, on California’s central coast. We drove through spectacularly beautiful wine country to get there. The weather was beautiful. A beautiful young couple exchanged vows in the backyard of the groom’s childhood home, where his mom still lives.
Beautiful setting, wonderful people read more »
What does urban success look like? Ask people around the country and they’ll probably say it looks something like Chicago.
Arguably no American city over the past decade has experienced a greater urban core renaissance than Chicago. It is a city totally transformed. The skyline has been radically enhanced as dozens of skyscrapers were added to the greater downtown area. Millennium Park opened as a $475 million community showplace full of cutting edge contemporary architecture and art. There has been an explosion in upscale dining and shopping options, as well as large numbers of new art galleries, hotels, clubs and restaurants. read more »
By Richard Reep
During most business downturns, nimble private business owners search for countercyclical industries to which they adapt. During this business downturn, the construction industry finds itself frantically looking for anything countercyclical. Private construction, almost completely driven by the credit market, has stopped, and public construction, driven by tax revenue, has also stalled. Religious institutions, however, seem to be continuing incremental growth and building programs, giving evidence to some people’s answers to spiritual questions being asked today. read more »
In the quest to sufficiently reduce greenhouse gas (GHG) emissions, it is crucial to “get the numbers right.” Failure to do so would, in all probability, mean that the desired reductions will not be achieved. Regrettably, much of what is being proposed is not based upon any comprehensive quantitative analysis, but is rather rooted in anti-suburban dogma. read more »
The U.S. Treasury took enormous powers for itself last fall by telling Congress they would use it to “ensure the economic well-being of Americans.” Six months after passage of the Emergency Economic Stabilization Act of 2008 Americans are worse off. Since it was signed into law on October 3, 2008, here are the changes in a few measures of our economic well-being: read more »
From the very inception of the current downturn, sprawling places like southeast California's Inland Empire have been widely portrayed as the heart of darkness. Located on the vast flatlands east of Los Angeles, the region of roughly 3 million people has suffered one of the highest rates of foreclosures and surges in unemployment in the nation. read more »
The stealth Oscar winner Slumdog Millionaire, the Indian fable of love, heartbreak and overcoming the odds set against the backdrop of one of the world’s biggest urban slums has won fans all over the advanced industrial world – but may be less popular in India. read more »
For years, economic and social observers have taken to redrawing our borders to better define our situation and to attempt to predict the future. Maybe you thought the global financial meltdown has raised anxiety levels in the United States quite enough. But a Russian professor’s decade old prediction of national disintegration suggests much worse on the way. read more »