Recession Analysis: When will the job market fully recover?

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No one knows this answer for sure, but the data show some interesting trends for what's possible. This analysis takes two approaches to answer this question, including:

  • Total employment: suggests recovery in 2012

  • Employment growth rates: suggests recovery in mid-2010 ... but ...

This is a work in progress. Tomorrow the future will change.

Current status  read more »

Prince Charles is Britain's Master-eco-fraudster

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Thomas Paine was born in Thetford, Norfolk, in 1737. He understood that history is made. Aged 39, writing his Common Sense, he noted that Britain is constituted of '...the base remains of two ancient tyrannies, compounded with some new republican materials.' These were:

'First. - The remains of monarchical tyranny in the person of the king

Secondly. - The remains of aristocratical tyranny in the persons of the peers.

Thirdly. - The new republican materials, in the persons of the commons, on whose virtue depends the freedom of England.' (1)  read more »

Enviro-wimps: L.A.'s Big Green Groups Get Comfy, Leaving the Street Fighting to the Little Guys

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So far, 2009 has not been a banner year for greens in Los Angeles. As the area's mainstream enviros buddy up with self-described green politicians and deep-pocketed land speculators and unions who have seemingly joined the “sustainability” cause, an odd thing is happening: Environmentalists are turning into servants for more powerful, politically-connected masters.  read more »

Why Rapid Transit Needs To Get Personal

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Innovation in urban transportation is the only long-term correction for expensive environmental losses and energy waste. Why, then, isn’t there a US plan for more vigorous exploration and demonstration of new systems using advanced technologies, particularly automation? Where is the Personal Rapid Transit — PRT — in US transportation policy?  read more »

Telecommuting And The Broadband Superhighway

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The internet has become part of our nation’s mass transit system: It is a vehicle many people can use, all at once, to get to work, medical appointments, schools, libraries and elsewhere.

Telecommuting is one means of travel the country can no longer afford to sideline. The nation’s next transportation funding legislation must promote the telecommuting option...aggressively.  read more »

Who Killed California's Economy?

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Right now California's economy is moribund, and the prospects for a quick turnaround are not good. Unable to pay its bills, the state is issuing IOUs; its once strong credit rating has collapsed. The state that once boasted the seventh-largest gross domestic product in the world is looking less like a celebrated global innovator and more like a fiscal basket case along the lines of Argentina or Latvia.

It took some amazing incompetence to toss this best-endowed of places down into the dustbin of history. Yet conventional wisdom views the crisis largely as a legacy of Proposition 13, which in effect capped only taxes.

This lets too many malefactors off the hook. I covered the Proposition 13 campaign for the Washington Post and examined its aftermath up close. It passed because California was running huge surpluses at the time, even as soaring property taxes were driving people from their homes.  read more »

Death of the Suburbs: Part Nauseum

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For decades, those who know best have been chronicling the death of the suburbs. In every new announcement of demographic data, they find evidence that people are “moving back” to the core cities, even though they never moved away. The coverage of the latest Bureau of the Census city population estimates set a new standard. “Cities Grow at Suburb’s Expense During Recession” was the headline in The Wall Street Journal.  read more »

View from the UK: The Progressive’s Dilemma

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American progressives long have looked upon Britain’s Labour Party as an exemplar of how to prioritize social welfare without entirely alienating business. Unlike their European counterparts, whose overly suspicious view of wealth and overly generous view of social welfare spending make poor role models for America, the British Labour Party has brokered a “partnership” between wealth and welfare over the years more suitable to the American psyche.  read more »

Lessons from the Left: When Radicals Rule – For Thirty Years

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Contrary to popular notions held even here in southern California, Santa Monica was never really a beach town or bedroom community. It was a blue-collar industrial town, home to the famed Douglas Aircraft from before World War II until the 1970s.

When I first lived there in the early ’70s, the city was pretty dilapidated, decaying and declining (except for the attractive neighborhoods of large expensive homes in the city’s northern sections). I remember a lot of retirees, students, and like me and my wife, renters of small apartments in old buildings. The tiredness of the place was incongruous with its great location and weather. But then the first of several spectacular rises in real estate values took off.  read more »

Downtown Character and Street Performers

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By Richard Reep

Carmen Ruest, Director of Cirque de Soleil, recently revealed her start as a street performer, or busker, in Canada. The interviewer did not hesitate to contrast this with the current state of Downtown Orlando, which forbids street performers. Eliminating this ban will improve Orlando's urban consciousness, both downtown and elsewhere, and improve the city in general.  read more »